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Defence stocks rally after government unveils ₹2.12 trillion plan focused on domestic production

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Shares of Indian defence companies rose sharply following the announcement of a ₹2.12 trillion procurement plan. The initiative places emphasis on sourcing equipment from domestic manufacturers rather than imports. Investors reacted positively, viewing the policy as a boost for homegrown defence firms. The move aligns with the government's broader push toward self-reliance in defence manufacturing.

Read the full story at Economic Times

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