18 Sep 2025 | 5 Mins Read
Defence tech companies can reach $500 billion club by 2028-2031
Flipitmoney
Market expert Gurmeet Chadha predicts 2-3 Indian companies will reach a $500-billion market capitalisation in the next 5-8 years, driven by defence technology growth, with Tata, M&M, Adani, RIL, and others announcing major defence plans and joint ventures, under the government's 'Atmanirbhar Bharat' initiative promoting indigenisation and self-reliance in defence production.