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Goldman Sachs bets on Indian aerospace, prefers private firms
Business Standard
|October 04, 2025
Goldman Sachs is bullish about Indian aerospace and defence, preferring private companies over public sector units (PSUs) as the country ramps up its export target for the sector to %50,000 crore by FY29 from 23,600 crore last year.
Nifty India Defence index has outperformed Nifty 50 by gaining nearly 23 per cent in calendar year 2025 (CY25), compared to the benchmark index rising 5 per cent. Bharat Electronics, Bharat Dynamics, Paras Defence and Astra Microwave are among top gainers by ral
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