Defence Stocks

India spends a significant part of its Union Budget on the defence sector each year. With increasing emphasis on manufacturing, supply and technological advancement in defence, there has been significant growth in the defence industry. Defence stocks are associated with public and private companies involved in the manufacturing and supplying of defence equipment and technologies. A special focus on schemes like 'Made in India' provides a favourable ecosystem for the growth of startups and companies to produce weapons and military technologies. Defence sector stocks allow investors to invest in the country's transition from a defence importer to an exporter. Here are all the details about defence sector stocks.