India is one of the largest defence spenders in the world with a total expenditure of Rs. 5.25 lakh crore (US$ 66 billion) in 2022–23, or 13.31% of the overall budget.
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India's EV market is expected to develop quickly because to government backing, declining battery costs, and more awareness.
In the next five years, the industry is predicted to increase at a 15% CAGR. This expansion will be fueled by the advent of digital media, the expansion of the middle class, and increased urbanisation. Check out our sectorial analysis to know more!
This company own one third of the India’s oil refining capacity and have a healthy dividend payout of 46.8%