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Data▲ Bullish for Indian equities
Datanomics: Private companies gaining ground in defence tender wins
The brief
- Private firms’ share of government defence tender value rose to 56% in 2026 from 3% in 2019
- A shift toward private tender wins may benefit Indian defence manufacturers
- Mahindra and Embraer pick Nagpur for potential C-390 assembly line
- US completes troop withdrawal from Iraq after 12 year anti-ISIS mission
- Taiwan says US arms sales are unchanged as $14 billion package remains on hold
- Taiwan president calls for deeper drone cooperation with democratic partners
- Trump says US will win Iran war soon; does not rule out strikes before midterms