Defence revenue seen rising 15–17% in FY26, Icra says strong order book and localisation to lift margins, capital outlay hits Rs 1.92 lakh crore
Wednesday, 18 June 2025 () India's defence manufacturing sector is poised for substantial growth, projecting a 15-17% revenue increase in FY2025-26. This surge is fueled by strong order books, government support for domestic procurement, and the Atmanirbhar Bharat initiative. Defence exports have also seen a significant rise, coupled with increased budgetary allocations, though working capital management remains a challenge.
Wednesday, 18 June 2025 ()
