English
Specials
    Upgrade
    MoneycontrolBe a PRO
    Moneycontrol PRO
    Upcoming Event:Attend Algo Convention Live, 2 Days & 12+ Speakers at best offer Rs.999/-, exclusive for Moneycontrol Pro subscribers. Register now!
    you are here: HomeNewsBusinessMoneycontrol Research

    Who are the beneficiaries of ‘vocal for local’ in the defence sector?

    Jitendra Kumar Gupta
    May 18, 2020 / 06:00 PM IST
    Who are the beneficiaries of ‘vocal for local’ in the defence sector?

    PRO Only Highlights
    -      Quarterly performance largely backed by improved realisations
    -      Medium-term triggers China plus and protectionist measures for tyre industry
    -      Valuations not inexpensive; but improved medium-term outlook

    Highlights - Defence remains a big focus area because of its excessive reliance on imports - Indigenisation to increase share of domestic companies in the defence procurement pie - Reforms to help in availability of capital and speedy procurement After 'Make in India', new slogans such as self-reliance and ‘vocal for local’ are now gaining prominence. As part of the Rs 20 trillion economic package, the Finance Minister in her address on Saturday stressed on reforming the defence sector particularly in the areas of funding,...

    • PRO Panorama

      Moneycontrol Pro Panorama | GST: A simple, reliable tax still a distant dream?

      May 20, 2022 / 04:41 PM IST

      In today’s edition of Moneycontrol Pro Panorama: A peek into Strategy Lab, ITC makes it to Weekly Tactical, wide canvas for Nazara, shock proof your portfolio and more

      Read Now
    • PRO Weekender

      Moneycontrol Pro Weekender | People’s Bank of China rides to the rescue 

      May 21, 2022 / 10:10 AM IST

      The central bank of China – an outlier in these times of quantitative tightening – has eased its policy to salvage the Chinese economy. And the messaging is not lost on global growth

      Read Now

    To read the full story, Subscribe to Moneycontrol PRO

    Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

    View Plans

    Already a member? Sign in

    Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

    50% OFF

    What Do You Get

    • Ad free experience

      Experience a non-intrusive navigation and faster response in the ad free mode

    • Sharpest Opinions

      Access to 230+ exclusive stories per month from our editorial and Experts

    • +

      Have a Global edge with access to content from world renowned experts and journalist

    • Actionable Insights

      Access to 40+ weekly investment ideas including 4 daily technical calls

    • Virtual Events

      Exclusive access to live webinars from market experts on trading and investment strategies

    • Newsletters

      Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

    View Offers

    Get upto 50% discount on limited period offers