Defence Sector Poised To Experience CAGR of 13 Per Cent From FY-23 To FY-30: Jefferies

There is an anticipated twofold growth in domestic defence expenditure from FY24E-30E, in a development projected to shape the landscape of India’s defence sector.According to a report by Jefferies, with an estimated domestic defence opportunity ranging between USD 100-120 billion over the next 5-6 years, the sector anticipates a visible 13 per cent industry Compound Annual Growth Rate (CAGR)
There is an anticipated twofold growth in domestic defence expenditure from FY24E-30E, in a development projected to shape the landscape of India’s defence sector.According to a report by Jefferies, with an estimated domestic defence opportunity ranging between USD 100-120 billion over the next 5-6 years, the sector anticipates a visible 13 per cent industry Compound Annual Growth Rate (CAGR)
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