Strategic Outlook

• Import Substitution:Part of India’s Atmanirbhar Bharat strategy
• Global Demand: Rising need for standard 155 mm shells
• Export Ambitions:
  • Tube exports: Europe, Canada, Mexico
  • Defence exports: International defence markets
• Funding:₹200 Cr QIP (Jan 2024) + ₹96 Cr preferential allotment for defence expansion

Outlook

• Projected revenue from defence: ₹300–350 Cr within 1–2 years
• Expected annual growth: 18–20%
• Growth fueled by: Defence, hydraulic tubes, agri exports, and aerospace contracts

Industry Outlook

1. Strong Growth & Budget Boost

• Defence budget FY24–25: ₹6.21 lakh crore (~2.0% of GDP)
• Capital outlay: ₹1.92 lakh crore
• Domestic defence production: ₹1.08 lakh cr (FY22-23) → ₹1.27 lakh cr (FY23-24)
• Target: ₹3 lakh crore by 2029

2. Indigenisation & “Make in India”

• Domestic procurement: ~75% in FY25
• Private sector: ~20% share of defence manufacturing
• Innovation leaders in drones, AI systems, artillery

3. Exports & Strategic Partnerships

• Exports: ₹1,940 crore (FY15) → ₹21,083 crore (FY24)
• Target: ₹50,000–₹60,000 crore by 2029
• Key exports: BrahMos to Philippines; growing orders from Europe, US, France

4. Technology & Next-Gen Systems

• Projects: Hypersonics, next-gen BrahMos, ER-SAM, AWACS, 5th-gen fighter engines
• Focus: AI, autonomous drones, cybersecurity, C4ISR systems

5. Market Dynamics & Investor Interest

• Defence stocks up ~35% (early 2025); ETFs yielded up to 39%
• Forecast CAGR: 13–17% (FY26–FY30)
• Domestic opportunity: USD 100–120 billion
• Export potential: USD 6–7 billion by 2029

Summary: India’s defence sector is on the rise, fueled by capital spending, indigenous focus, rising exports, and next-gen technologies. Goodluck Defence is strategically positioned to capture market share during this growth phase.

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