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India's defense stocks soar as government approves new fighter jet program, boosting 'Make in India' initiative.
The Nifty India Defence Index hit a record high, driven by government approval of the AMCA fighter jet program and increased domestic and global defense spending.
This has boosted investor sentiment and stock performance, with Bharat Electronics being a top pick.
The surge follows Operation Sindoor and support for India's 'Make in India' initiative, enhancing indigenous defense capabilities and fostering a robust aerospace industry.
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Las existencias de defensa de la India se disparan a medida que el gobierno aprueba el nuevo programa de aviones de combate, impulsando la iniciativa 'Make in India'.