OmniScience Views on Defece@aryanpremrana
India is expected to become the third largest economy in the world in a few years. As it grows, the expectation is that it could increase its defence budget from around 2 per cent now to 3 per cent or even 4 per cent. When India’s GDP touches $10 trillion, the defence budget is expected to grow to more than $300 billion, which implies a 16-17 per cent annualised growth till 2035, according to Vikas Gupta, CEO of Omniscience Capital.

Read More https://www.theweek.in/theweek/business/2025/06/14/the-dream-run-of-defence-stocks-is-likely-to-continue-for-a-while.html