Crisil says private sector defence order book may soar to Rs 55,000 crore in FY26
Indian private defence companies anticipate a rise in revenue and orders due to high domestic demand and government support for domestic manufacturing. The sector has maintained a 20% CAGR in the last 4 fiscal years with steady profits and a strong balance sheet. Electronic warfare systems, command and control systems, and aerospace equipment are the main contributors to the growth in order books.