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2 Stocks to BUY
As Nifty50 Heads Towards 40,000




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All You Need to Know About Defence Stocks

Equitymaster's guide to Defence stocks with detailed analysis and much more. Also check out Equitymaster's powerful Stock screener to find the top Defence stocks. Meanwhile, a list of Defence Stocks is available here...

Since 1970s, the Indian government has relied on imports to grow India's military strength. In this process, it spent hundreds of billions of dollars on foreign equipment.

But now, with major changes in policies, those billions have started to flow in Indian companies. It is now India's time to become self-reliant.

The promptness with which Indian defence manufacturers can cater to India's rising defence modernization needs should be a big tailwind for the next few decades.

Few Indian defence companies could use their engineering capabilities to eventually become global leaders. And once they gain reputation in the global market, sky is the limit.

Also, with Indo-China tensions not abating, the defence sector will be in focus in the near future. The tipping point might not be too far away.

So it's safe to say that defence stocks can potentially offer a great wealth creating opportunity.


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