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One sector that you could bet on for the future?
DEFENSE SECTOR 🛩📈
WHY?
[A brief thread for readers] 🧵
#sharemarketindia #finance #investing #sector #fundamentalanalysis #indiandefence
DEFENSE SECTOR 🛩📈
WHY?
[A brief thread for readers] 🧵
#sharemarketindia #finance #investing #sector #fundamentalanalysis #indiandefence
WHY TO CHOOSE THE DEFENCE SECTOR?
India has been constantly ⬆⬆ it's defence expenditure over the years. Budget for 2022, valued at USD 70.6 billion, represented an increase of 10% compared to the previous year’s allocation. This is expected to drive growth of this sector.
India has been constantly ⬆⬆ it's defence expenditure over the years. Budget for 2022, valued at USD 70.6 billion, represented an increase of 10% compared to the previous year’s allocation. This is expected to drive growth of this sector.
In recent years, the 🌎 has faced two severe events: COVID 19 and THE RUSSIA-UKRAINE WAR.
COVID-19 affected the Indian economy, its impact was not felt much on the country's defence sector. But, the Russia-Ukraine war has accelerated the prospects of Indian Defence Sector. ⬆
COVID-19 affected the Indian economy, its impact was not felt much on the country's defence sector. But, the Russia-Ukraine war has accelerated the prospects of Indian Defence Sector. ⬆
