India’s Defence Sector To See Revenue Growth of 15-17% In This Fiscal Year: ICRA

India’s defence sector is projected to experience robust revenue growth of 15-17% in FY2026, according to a report by the Investment Information and Credit Rating Agency (ICRA).This surge is primarily attributed to strong execution progress, underpinned by a healthy order book and an order book to operating income (OB/OI) ratio of 4.4 times at the end of FY2025.Entities across the entire spectrum
India’s defence sector is projected to experience robust revenue growth of 15-17% in FY2026, according to a report by the Investment Information and Credit Rating Agency (ICRA).This surge is primarily attributed to strong execution progress, underpinned by a healthy order book and an order book to operating income (OB/OI) ratio of 4.4 times at the end of FY2025.Entities across the entire spectrum
Go to Source