Sonia Shenoy: India ranks fourth in global defence spending amid $250 billion sector expansion

Sonia Shenoy: India ranks fourth in global defence spending amid $250 billion sector expansion
India climbs in defence spending

India has become the fourth largest defence spender worldwide, trailing only the U.S., China, and Russia.

Sonia Shenoy shared insights from an industry expert at Singularity AMC, who asserts that the investment opportunity in defence stocks remains significant and non-negotiable given the evolving global scenario. Investors are watching the sector as India’s defence budget continues expanding, reflecting the country’s increasing strategic ambitions and market attractiveness.

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