$60 billion opportunity! Will defence stocks fire on all cylinders and who will be the biggest beneficiary?

Indias defence sector is entering a new growth phase, with the combat use of indigenous weapons boosting the credibility and export potential of locally developed systems. Defence spending has risen sharply from Rs 2.53 trillion in FY14 to Rs 6.81 trillion in FY26, while the governments Atmanirbhar Bharat push is creating long-term opportunities.

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