Discl: Invested in some of these stocks as a part of my defence basket. I may be biased .please do your own assessment before investing
Which Kalyani listed company benefits from this ?
Currently , HAL imports fighter Jet engines.
Tata Advanced system -a100% subsidiary of Tata Sons is now a full fledged Private defence company in to Air space !
Tata Advanced Systems already a Supplier to Boeing for many key components.
[Big Breakthrough For Indian Arms Industry As Bharat Forge Bags 155 Mn Export Contract For 155 mm Truck mounted Howitzers - BW Businessworld] Bharat Forge Bags $155 Mn Export Contract
It would be helpful if you give full or at sufficiently indicative names. The abbreviations are difficult to grasp sometimes.
HAL Ranked 42 & BEL Ranked 63 position in Global Arms Sales last year… However, both HAL & BEL together accounted for a negligible 0.8% of Global Arms Sales which stood at 592 Billion USD last year.
As of today even with Make in India strategy, India still continues to be no.1 importer of defence equipments in the world.
if the Govt continues to be serious about the Make in India strategy for country’s Arms requirement and also push for Arms Exports, there could be a run-away Growth for not only HAL & BEL, but many other defence equipment manufacturers - both PSU & Pvt.