10 Oct 2025 | 5 Mins Read
Defence sector Q2 growth driven by policy push and order inflows
Flipitmoney
India's defence sector remains in an upcycle. Export revenues have grown tenfold to ₹23,622 crore, with a target of ₹50,000 crore by 2029. The Defence Procurement Manual (DPM) 2025 and Technology Perspective and Capability Roadmap (TPCR) 2025 will further boost indigenisation and exports, with expected strong earnings in Q2FY26 from Hindustan Aeronautics, Bharat Electronics, and Bharat Dynamics.