Indian defence stocks surged as the government announced a record ₹1.78 lakh crore in defence production for fiscal 2026, a 15.6% increase from the previous year. This growth, driven by policy push and rising global demand, has led to a strong rally in defence companies and the Nifty Defence Index, which is up 23% year-to-date.
Indian defence stocks surged as the government announced a record ₹1.78 lakh crore in defence production for fiscal 2026, a 15.6% increase from the previous year. This growth, driven by policy push and rising global demand, has led to a strong rally in defence companies and the Nifty Defence Index, which is up 23% year-to-date.
<iframe src="https://hindustansphere.com/embed/cluster/d3587a4c46c59bcbdfb922d0a0992f509600795e" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Defence shares gain momentum on strong production and growth outlook"></iframe>
