Icra sees 15-17% growth in defence revenue in FY26, capital outlay at Rs 1.92 lakh crore
India’s defence sector is expected to grow 15-17% in FY26 due to strong local orders, more exports, and bigger government spending.
Category: Industry
Mazagon Dock, GRSE Jump as Defence Stocks Rally on Escalating Middle East Conflict
Defence stocks surged as the Israel-Iran conflict escalated, pushing the Nifty India Defence Index past 9,000. Mazagon Dock, GRSE, and BDL led the rally amid rising global defence spending hopes.
Reliance And Germany’s Diehl to Make Next-Gen Ammunition in India
Reliance Defence is teaming up with Germany’s Diehl to build high-tech Vulcano 155mm shells in India, giving a major boost to local defence production and the army’s firepower.
Maharashtra Govt to Give 100 Acres for Tembo Defence Plant
Tembo Defence will set up an arms factory in Amravati as the Maharashtra government agrees to give 100 acres of land, boosting local jobs and India’s defence manufacturing goals.
Defence Stocks Up to 25% Gains: HAL, BEL, Midhani & Astra Microwave in Focus
India’s defense stocks have seen a significant increase in the stock market, with recent tensions between India and Pakistan pushing the government to increase its defense budget and capital spending.
DRDO Transfers Tech for 9 Defence Systems to Expand India’s Defence Production
DRDO has shared technology for nine defence systems with Indian companies to help them build things like tank transporters, mobile guns, and riot control vehicles.
BEL Gets Rs 2,323 Crore Defence Orders from Mazagon Dock and GRSE, Stock Up 34% in 2025
ChatGPT said:
BEL received a new defence order worth Rs 2,323 crore from MDL and GRSE for missile system spares. This pushed BEL’s total orders to nearly Rs 3,000 crore in two days.
Dassault and TASL to Build Full Rafale Jet Fuselages in Hyderabad
Rafale jet fuselages will be made in India for the ‘Make in India’ initiative. Dassault and Tata will build them in Hyderabad, marking a major step for India’s defence and aerospace industry.
Defence PSUs Set for 18% Growth as India Ups Military Spending and Security
India’s defence PSUs are expected to grow by 18% each year as the country increases its military spending and focuses more on local defence production and security focus.
DRDO Says Equipment Now ‘War-Tested’ After Operation Sindoor, Expects Export Boost
India’s defence gear is now seen as “war-tested” after Operation Sindoor. DRDO says this will help boost exports, as more countries may trust and buy Indian-made military equipment
