Defence Hub In The Making For India?

Speaking to ET NOW, Dinesh Kumar Batra, Director Finance, BEL stated that there is a huge opportunity for Indian defence manufacturing sector and that there is robust visibility of order inflows for the next 5years. He also added, "See order inflows opportunity on 1 lakh crore over next 5 years for BEL". Harshit Kapadia of Elara believes that one can expect growth run rate to be higher for private companies and that Defense PSUs could be the first beneficiaries of increased defence spend. Amit N Mahajan, Director - Paras Defence, claimed that one can see a huge opportunity in optics and electronics segments. So, with the Atmanirbhar Bharat order winning, what is the way forward? Watch the interview on ET NOW to find out