🛡️ India’s Defence Power, Now in the Markets!

The newly launched Nifty India Defence Index (June 2025) shines a spotlight on India’s public-private defence manufacturing surge 🚀

🔍 Top Constituents (% Weight):

📈 Why this index matters:

India's Defence exports surged 31x in a decade (₹1,300 Cr in 2013 → ₹40,000 Cr in 2024)

Massive govt push: #AtmanirbharBharat in #Defence

Policy tailwinds: Defence corridors, #PLI schemes, ban on imports of 400+ weapons

🇮🇳 Over 65% of the index is dominated by PSUs, signaling continued state-driven momentum.

📊 Retail and institutional investors are closely tracking this as a “Make in India” proxy bet in the equity markets.