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Private defence order book may hit ₹55,000 crore in FY26, says Crisil: A Make In India milestone

India’s private defence manufacturing sector is poised for a historic leap, with Crisil projecting the cumulative order book to surge to ₹55,000 crore by FY26—driven by policy reforms, indigenous procurement mandates, and rising global interest in Indian-made platforms. The report marks a significant endorsement of the ‘Make In India’ initiative, which has increasingly shifted defence…

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