Indian defence-sector equities including Sika Interplant Systems and Data Patterns (India) climbed up to 5 % after NATO nations committed to increasing defence expenditure.
This rally follows NATO’s announcement that member states will raise core defence spending to 3.5 % of GDP and allocate an additional 1.5 % to adjacent defence-related activities such as cybersecurity and infrastructure.
Brokerage feedback points to this as a major opportunity for India’s defence export firms. Sectors like aerospace components, radars, missiles, and armoured vehicles stand to benefit given India’s growing role as a supplier of defence equipment.
Analysts suggest the broader improvement in India’s defence manufacturing ecosystem — including stronger indigenisation policies, export-oriented mandates and evolving global supply-chains — is underpinning the positive momentum in the segment.
