India’s Defence Renaissance: Riding the next wave of growth
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Over the past year, the Indian defence sector has witnessed a remarkable transformation. From robust order inflows and rising exports to record-breaking production targets, this space has emerged as one of the most exciting segments in the broader market. While defence stocks had already delivered stellar gains during the initial Bull Run post-COVID-19, a phase of price consolidation followed. However, recent geopolitical developments are again bringing this sector back into the spotlight, and early signs suggest that a fresh upward trend is taking shape. The resurgence in defence stocks over the past few weeks is not coincidental. With ongoing tensions at the global level, the demand for enhanced military preparedness has gained fresh momentum. Even in regions where ceasefire agreements have been reached, the underlying security concerns remain unresolved. As nations prepare for long-term security challenges, defence budgets are being re...