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What is the defence sector expecting from the union budget 2024?
By Gauri Singh
2m 47s | Updated on July 15, 2024, 14:38 IST
SUMMARY
In this video, we'll focus on the defence sector and its connection to the budget. How much money does the defence sector get from the budget, and why? What does the defence sector expect from this year's budget? And where do defence stocks stand in all of this?
India, the world's fourth-largest military spender after the US, China, and Russia, invests heavily in defence. But why? Two main reasons: constantly changing geopolitical situations and India's sensitive geographical location make the country perpetually vulnerable from a security standpoint. So what will union budget 2024 going to bring for the defence sector?
About The Author
Gauri Singh is an anchor and journalist with over a decade of experience, currently covering business, finance and general news. Beyond her professional pursuits as a storyteller, she is a cricket fan, loves travelling and is a dedicated yoga practitioner.
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