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India's Defence CapEx to Hit Rs 2.8 Trillion by FY30 Amid 50X Export Growth
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India's defence capital expenditure is projected to hit Rs 2.8 trillion by FY2030, with an 11% CAGR.
Domestic procurement has crossed 70% due to indigenisation efforts.
Defence exports have surged 50 times over the past decade.
A Kotak report provides the projections and export growth data.
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Rajeev Chandrasekhar / Jupiter Capital interests historically