India, June 23 -- India's defence sector is growing rapidly due to strong government emphasis on indigenisation, increased defence budget allocations, and strategic reforms under the "Make in India" initiative. Focusing on self-reliance, domestic manufacturing, and technology development is boosting local production. Rising exports and private sector participation are further strengthening the industry's global competitiveness.

Amidst the developments, four companies in this space have delivered over 50% returns, reflecting strong order books, export growth, and investor confidence in long-term defence manufacturing and technology demand, rewarding investors with impressive gains amid the sector's rapid growth.

MTAR Technologies Ltd MT...