Omni Bharat Defence
Omni Bharat Defence
An Attacking Portfolio For The Growing Defense Theme
One Year Update - Live Since Jan 7, 2021
“$73 billion – Indian Defense budget – No. 3 in the World.”
With $73 billion annually, India has the third-largest defense budget in the world, and with ever rising concerns for national security in the wake of India’s proximity to China and Pakistan, there seems no reason for the sector not to significantly grow further in future. The government has also taken numerous initiatives to improve the country’s self-reliance in defense, with the Defense Production & Export Promotion Policy 2020 (DPEPP 2020) targeting to raise domestic defense production to INR 175,000 crores in 2025 from the current domestic production of INR 80,000 crores. We believe this confluence of an ever-growing demand as well as an impetus towards selfreliance through the policy of Aatmanirbhar Bharat make the Indian defense industry a lucrative investment opportunity in the coming decade.
This theme provides exposure to companies that develop and manufacture equipment for the Indian defense sector, including military aircraft, aircraft carriers, submarines, missiles and defense systems, among others.
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Omni Bharat Defense - One Year Update Jan 2022