India's defence industry is expected to register double-digit growth in the coming years, supported by a strong policy push and higher capital allocation in the Union Budget 2026-27, according to a report by Antique Stock Broking.
UK and Ukraine concluded the historic deal for Thales Air Defence missiles, boosting British growth and jobs and keeping Ukraine in the fight, as per the statement.
This funding, aimed at a minority stake, is expected to propel CoreEL's growth trajectory by facilitating Research and Development (R&D), new product development, expansion of manufacturing capacity, and other strategic initiatives.