India’s defence sector, led by HAL, BEL, and BEML, is set for growth backed by policy support and rising exports. Emkay Global forecasts production at ₹1.8 trillion and exports at ₹380 billion by 2025-26, with ambitious targets for 2026.India’s defence sector, led by HAL, BEL, and BEML, is set for growth backed by policy support and rising exports. Emkay Global forecasts production at ₹1.8 trillion and exports at ₹380 billion by 2025-26, with ambitious targets for 2026.
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