India's defence export boom could hit ₹65,000 crore by 2030; pvt sector startups the real play: Sunil Subramaniam (opens original article in a new tab)

India's defence exports are projected to surpass ₹60,000 crore by 2030, with private sector innovation and Gulf demand playing critical roles, while private defence IPOs are seen as major investment opportunities.

• India's defence exports are expected to reach ₹60,000-65,000 crore by 2030, exceeding the government target of ₹50,000 crore by FY32.
• Private sector startups are driving innovation in drones and UAVs, with significant export potential to Gulf nations.
• Upcoming private defence IPOs are highlighted as key investment opportunities due to the sector's long gestation cycle and need for equity capital.