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Defence Stocks Surge as DAC Approves Rs 79,000 Crore in New Procurements

Strategic Insights

— 1 min read

Defence-related stocks are expected to be in focus today after the Defence Acquisition Council (DAC) approved new procurement proposals worth Rs 79,000 crore. The move is set to benefit listed defence companies, including Bharat Dynamics, Mazagon Dock Shipbuilders, and Cochin Shipyard. The fresh approvals cover a wide range of systems and equipment for the Army, Navy, and Air Force, including missile systems, warships, and advanced sensors.

Key Takeaways:

  • The DAC approved new procurement proposals worth Rs 79,000 crore, benefiting listed defence companies such as Bharat Electronics, Bharat Dynamics, Mazagon Dock Shipbuilders, and Cochin Shipyard.
  • The approval includes procurement of Nag Missile System (Tracked) Mk-II, Ground-Based Mobile ELINT Systems, High Mobility Vehicles, Landing Platform Docks (LPDs), Advanced Lightweight Torpedoes, 30mm Naval Surface Guns, and Electro-Optical Infrared Tracking Systems.
  • The Defence Research and Development Organisation (DRDO) has developed many of the proposed systems, including torpedoes and tracking systems, indicating a focus on indigenisation.
  • Nuvama's recent report estimates that India's defence sector is in a high-growth phase, supported by a Rs 10 trillion defence PSU pipeline and accelerated indigenisation push.
  • The Defence Ministry's new 15-year roadmap outlines ambitious plans for nuclear-powered warships, hypersonic missiles, stealth UCAVs, directed-energy, and enhanced AI/space-warfare capabilities.
  • The approval is part of India's efforts to reduce dependence on foreign defence suppliers and promote local production under the Aatmanirbhar Bharat vision.

Statistics:

  • Rs 79,000 crore - value of new procurement proposals approved by the DAC
  • 15 years - Defence Ministry's new roadmap outlining ambitions for nuclear-powered warships, hypersonic missiles, stealth UCAVs, directed-energy, and enhanced AI/space-warfare capabilities
  • Rs 10 trillion - estimated value of defence PSU pipeline
  • 2025 - year the Defence Ministry's new 15-year roadmap is expected to be fully implemented

Sources:

  • Nuvama's recent report on India's defence sector
  • Defence Acquisition Council (DAC) announcement
  • Contify.com, Defence Stocks in Focus After Latest Announcement (2025)
  • IE Online Media Services Pvt. Ltd., Defence Stocks Surge as DAC Approves Rs 79,000 Crore in New Procurements (2025)

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