Atma Nirbhar Bharat - Stock opportunities

Defence purchases during 2024 stands at 4.2 Lakh Crore, 8-Nifty Defence stocks rallied more than 50%, 4 turned multi baggers

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Defence sector to grow 20% CAGR during FY 2024-2029

On the backdrop of Atma Nirbhar Bharat - make of india initiative and liberalised FDI norms, which have enhanced domestic manufacturing capabilities, attracted international investments in defence innovation and driven notable growth in exports of military equipment.

Defence sector has grown over last 5 years. It is all set to grow @ 20% CAGR over next 5 years

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