Defence Sector

Union Budget 2026: FM Sitharaman announces duty relief for aircraft manufacturing, defence MRO sectors

Finance Minister Nirmala Sitharaman announced customs duty exemptions in Union Budget 2026 for civilian aircraft components and defence MRO raw materials to boost domestic manufacturing and reduce import dependence.

Budget Snapshot: For defence, execution matches allocation

This year's Budget narrative shifts from headline allocations to the critical challenge of translating record order backlogs into tangible, profitable deliveries, making execution the true test for both national security and investor returns

Chart of the Day: Defence contract awards to exceed Rs 2 lakh crore for the second straight year

The government is likely to award contracts for at least Rs 10 lakh crore worth of defence equipment in the next five years

Fireworks & Fallout Themes: Another Samvat of explosive returns likely for defence, but Prabhudas Lilladher cautions on valuations

Amit Anwani of Prabhudas Lilladher said Samvat 2082 too could be strong for India's defence manufacturers, driven by strong government support, order inflows and Centre's push for self-reliance.

'Drones critical to modern warfare, need to be part of policy', says Rajnath Singh inaugurating private test facility

"A strong reflection of the vision of Aatmanirbhar Bharat was seen here (Noida) today," Rajnath Singh said after inaugurating the private facility.

India accelerating its push to become a major exporter of military equipment: Sanjay Seth

The event was attended by senior dignitaries including Vice Admiral S J Singh, Flag Officer in command of Western Naval Command; Vice Admiral Rajaram Swaminathan, Controller of Warship Production and Acquisition; and other Indian Navy officials.

Defence spending gets a boost with Rs 6.8 lakh crore allocation, as defence capex up 12.9%

Data shows that India has seen a steady rise in defence allocation since 2019, with capex creation 50 percent higher than the pre-pandemic period

Pitch Report: Defence industry hopes for moderate raise in outlay in Budget 2025, support for localisation

This year, the capital-expenditure is expected to increase to Rs 1.9 lakh crore with more optimistic analysts expecting a large part of it going to improve mobility vehicles and infrastructure for the Navy.

Indian Defence Stocks: Correction unlocks long-term growth potential

Given volatile geopolitics, defence orders by the government and exports are going to pick up, going forward

Revenue of private defence companies to rise 20% YoY in FY25: CRISIL

With the strong revenue growth and order flow, the analysts expect the private companies to undertake a capital expenditure of Rs 650-700 crore this fiscal

Exclusive: Defence capital spending set to get a boost, new policy for emerging technology on the cards

In an exclusive interview with CNBC-TV18, Giridhar Aramane, India's Defence Secretary, highlighted the Narendra Modi government's strategic emphasis on fostering the growth and production of cutting-edge technologies in the defense sector.

Zen Tech stock zooms 4% on bagging Rs 42-crore export order

The new order win by Zen Tech comprises of state-of-the-art stimulators, aligning with the national objective of becoming a net defence exporter

Defence and railway themes rally just beginning, stocks may rise for next 5-7 years: Vijay Kedia

The market expert believes that currently these themes are only at the early stages of take-off and are poised for a good run owing to increasing government capex