India’s private defence companies receive Rs 34,700 crore in FY27, with record defence production and exports. Government spending and indigenisation boost manufacturing and global opportunities.

India’s private defence companies have about Rs 34,700 crore earmarked for them in FY27, according to a report by Emkay Global Financial Services. That is roughly 25% of the domestic capital acquisition budget.....

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Via financialexpress.com