CRISIL predicts 20% revenue growth in FY25 for Private Defence Companies

CRISIL predicts 20% revenue growth in FY25

CRISIL Ratings predicts a 20% revenue growth for top 25 private aerospace and defence companies in India for the fiscal year 2024-25. Moreover, the revenue may reach approximately ₹13,500 crore in addition. This growth is attributed to increased government spending and efforts to encourage private participation in the defence sector. The order book to operating Read more: CRISIL predicts 20% revenue growth in FY25 for Private Defence Companies..