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India’s defence sector likely to rise at 14% CAGR amid indigenisation push: Jefferies

By Peoplebugs

September 8, 2024

Published 15:56 IST, September 8th 2024

While India figured in top three in global defence spending, its 2022 defence expenditure represented just 10% of the US outlay and 27% of China’s expenditure.

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Defence sector stock price rise in India
Government indigenization push in defence
india
India defence industry CAGR 2024-2030
Indian defence market growth forecast

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India’s defence sector likely to rise at 14% CAGR amid indigenisation push: Jefferies

While India figured in top three in global defence spending, its 2022 defence expenditure represented just 10% of the US outlay and 27% of China’s expenditure.

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India’s defence sector likely to rise at 14% CAGR amid indigenisation push: Jefferies

While India figured in top three in global defence spending, its 2022 defence expenditure represented just 10% of the US outlay and 27% of China’s expenditure.

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