India’s ₹79,000 crore defence procurement approval will strengthen long-term order visibility for defence firms, says Elara Securities’ Harshit Kapadia. While near-term execution may be limited, major beneficiaries include Bharat Electronics, Bharat Dynamics and Solar Industries. The move boosts indigenisation, MSME participation and private-sector integration, with larger order inflows expected from FY28 onward.
Source :- Markets-Economic Times Read More
