Global Shift Towards China+1 And Russia-Ukraine War Open Doors For India’s Defence Sector: Report

New Delhi: India’s defence exports have surged from ₹1,500 Crores in 2017 to ₹21,000 Crores in 2024, registering a CAGR of 46 per cent, highlighted a report on ‘Defence Conference 3.0’ by Antique Stock Broking.The report stated that the global shift towards a China+1 strategy and the impact of the Russia-Ukraine war offer India additionnal opportunities to fill supply chain gaps, potentially
New Delhi: India’s defence exports have surged from ₹1,500 Crores in 2017 to ₹21,000 Crores in 2024, registering a CAGR of 46 per cent, highlighted a report on ‘Defence Conference 3.0’ by Antique Stock Broking.The report stated that the global shift towards a China+1 strategy and the impact of the Russia-Ukraine war offer India additionnal opportunities to fill supply chain gaps, potentially
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