India's defence capex to rise over 10% in FY27
pre-market1 source ↓written by the desknot a recommendation
- rise in April-November
- 57% YoY
- decline in November
- 13% YoY
- will be crucial
- 1 Feb 2026
- in the budget
- 20% hike
India's defence capital expenditure is projected to increase by over 10% in FY27, according to Jefferies. This follows a 57% YoY rise in April-November 2025, despite a 13% YoY decline in November 2025. The upcoming Budget 2026-27 on 1 Feb 2026 will be crucial for defence stocks, with a potential 20% hike in the budget to enhance operational readiness.
Not investment advice. For informational purposes only.