Latest Updates Around The World
India’s defense spending is unlikely to see a sharp jump as a percentage of GDP in the coming fiscal, but capital expenditure should continue to grow at a steady annual growth rate of 8-10% in the coming years, driven by a strong pipeline of approvals and ongoing procurement, said Amit Anwani, Lead Equity Analyst (Capital […]
Amid rising geopolitical tensions following the US invasion of Venezuela and the arrest of President Nicolas Maduro on drug trafficking charges, the global focus has returned to military strength as the cornerstone of national power, while the episode poses potential risks to market sentiment.In an era when territorial sovereignty, trade interests and energy routes are […]
Goldman Sachs has turned bullish on India’s defense manufacturing sector, naming PTC Industries, Bharat Electronics and Solar Industries among its top picks, after the Defense Acquisition Council (DAC) this week approved proposals worth Rs 790 billion, a move that the brokerage said underlines its belief in an increasing total addressable market (TAM) for domestic defense […]
The 2025 Defense Procurement Manual marks the first major update since 2009, with the aim of transforming India’s defense sector and strengthening domestic participation. The new policy aims to make it easier for SMEs and startups to contribute to defense projects, signaling a structural shift in the industry. Stroke mine, Research Analyst, PL Capital in […]
