What Happened
Three Stocks To Watch As Indigenous Design Gains Priority
India’s defence manufacturing sector is entering a new phase, with established players diversifying beyond their core businesses. Kotak Institutional Equities has identified MTAR Technologies, Zen Technologies, and Astra Microwave as key companies to watch, citing their potential to benefit from the upcoming Defence Acquisition Procedure 2026, which prioritizes indigenous design and manufacturing. These companies are expanding into new areas, such as AI-linked infrastructure, anti-drone systems, and radar electronics. This development was reported by Trade Brains.