Defence Sector News


Make in India: Defence industry hits new high with highest-ever production value in 2023-24

Earlier in June, Adani Defence and Aerospace signed an agreement with French defence company Thales to boost the Make in India and Aatmanirbhar Bharat programmes.

2 min read5 Jul 2024

Defence stocks surge up to 20% with Paras Defence, HAL, Garden Reach Shipbuilders, Mazagon Dock at record highs

Defence stocks surged, with Paras Defence and GRSE leading the rally. Paras Defence, GRSE, HAL hit record highs. Investor interest in the sector is high, driven by Defence Minister Rajnath Singh’s plans to boost defence exports and domestic manufacturing under ’Make in India’.

2 min read18 Jun 2024

How India’s defence sector is going all guns blazing

The growth trajectory of the Indian defence sector remains strong with thrust on indigenisation and a healthy order flow

2 min read17 Jun 2024

Why is self-reliance important for the defence sector? MintGenie explains

India has initiated several measures, such as the ’Make in India’ campaign, private sector participation in defence and R&D, in order to achieve self-reliance in defence and unlock multi-decadal growth opportunities for the country.

2 min read30 May 2023

Should you buy defence stocks? The emphasis is on modernisation, surge in manufacturing to give impetus to growth

Defence production in FY 2021-22 stood at Rs. 92,708 crore (US$ 11.85 billion). The Indian government has set the defence production target at US$ 25.00 billion by 2025 (including US$ 5 billion from exports by 2025).

4 min read30 Sep 2022

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