

Major defence stocks are set to attract attention following the Defence Acquisition Council's approval of capital proposals worth around Rs 67,000 crore. This significant move aims to enhance the operational readiness of the Indian Armed Forces, including the Army, Navy, and Air Force. Key procurements include advanced drones, radar systems, and missile upgrades, benefiting companies like Bharat Electronics and Hindustan Aeronautics. With India's defence spending growing rapidly, experts predict a robust growth trajectory for the industry, positioning India as a global leader in defence solutions.