Indian Defence Sector Is Poised To Grow 20% During Fy24-Fy29

The Indian defence sector is poised for significant growth, with projections indicating a 20% compound annual growth rate (CAGR) from FY24 to FY29. This expansion is supported by strong government initiatives and increased participation from the private sector. CareEdge Ratings highlights that the sector is expected to maintain a PBILDT margin of around 20% during this period, reflecting its
The Indian defence sector is poised for significant growth, with projections indicating a 20% compound annual growth rate (CAGR) from FY24 to FY29. This expansion is supported by strong government initiatives and increased participation from the private sector. CareEdge Ratings highlights that the sector is expected to maintain a PBILDT margin of around 20% during this period, reflecting its
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