Top 2 stocks to benefit from India's $33 billion defense production ambition

Core Insights - India's defense sector is poised for significant growth, with a target to double military production to 3 trillion rupees (approximately $33 billion) by 2029 [1] Industry Overview - The Indian government is focusing on enhancing its defense capabilities and production capacity, indicating a strategic shift in military investment [1] - This initiative reflects India's broader ambition to strengthen its defense industry and reduce reliance on foreign imports [1]