Motilal Oswal Nifty India Defence Index Fund
https://youtube.com/shorts/ZsAyfdAI1rg?si=kIqaNpf55_8wkw4r
- Motilal Oswal Nifty India Defence Index Fund
- Global Military Expenditure on the Rise: i.e. military spent amount to USD 2.4 Trillion globally
- USA is considered as one largest spender in defence and India ranks 4th with around 84 Bn in spending
- India is one of the major Importer’s of which Russia contributes to around 36% followed by France 33% and then USA 13%
- India’s defence budget increased from INR 2,10,000 crores to INR 5,00,000 crores.
- Addressable Opportunity for Indian Defence Players:
- Defence exports grew by 334% in the last 5 years and India exports to over 75 countries due to changes in the government policies which aim to reduce imports by around 70%
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