India's defence exports are poised to surpass government targets, reaching ₹60,000-65,000 crore by 2030, according to market expert Sunil Subramaniam. He advises investors to look beyond the Nifty Defence Index, highlighting the private sector's innovation in drones and UAVs, especially with demand from Gulf nations. Subramaniam also points to upcoming private defence IPOs as a key investment opportunity, while suggesting pharma offers a better dollar play than IT currently.
India's defence exports are projected to reach ₹60,000-65,000 crore by 2030, exceeding government targets. Market expert Sunil Subramaniam suggests investors focus on private sector innovation in drones and UAVs, especially with demand from Gulf nations. He also highlights…
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