Asia / Pacific
India’s Defence Sector Tailwinds and Capex Concerns
• India’s defence sector has strong tailwinds, but capex concerns are inflated, according to Jefferies.
• The sector’s tailwinds are still strong, with a potential increase in the number of defense units.
• Jefferies’ report suggests that the capex concerns are inflated.
• The sector’s performance is influenced by factors such as the size of the defence budget, the strength of the defence industry, and the level of government support.
• The sector’s growth is expected to continue, with the government’s support expected to increase further in the coming years.
• The sector’s performance is expected to continue to grow, with the potential for significant growth in the sector.
