Defence Stocks: Still Loaded with Potential, Analysts Say

“The Defence Acquisition Council’s push for indigenous weaponry and equipment has resulted in a notable uptick in procurement from Indian defence firms. This strategic shift underscores the government’s commitment to bolstering domestic defense production capabilities.”

“As part of its initiative to promote domestically manufactured military hardware, the Defence Acquisition Council has spurred a surge in orders for Indian defence manufacturers. This proactive stance aligns with the government’s agenda to enhance self-reliance in the defence sector and strengthen India’s strategic autonomy.”

“The Defence Acquisition Council’s emphasis on sourcing Indian-made weapons and supplies has triggered a substantial rise in contracts awarded to domestic defence enterprises. This proactive approach reflects the government’s drive to cultivate a self-sufficient defence ecosystem and reduce dependency on foreign imports.”