India's defence exports are on track to significantly overshoot government targets, and the smartest money may not be where most investors are currently looking, according to veteran market expert Sunil Subramaniam.
Speaking on ET Now, Subramaniam said he expects India's defence export numbers to reach ₹60,000–65,000 crore by 2030, well ahead of the government's official target of ₹50,000 crore by FY32. "That 50,000 crore number could be achieved by 2028 itself," he said.