Explore India's top defence companies contributing to national security and self-reliance in defence production.
India's defence sector is pivotal for enhancing national security and reducing import dependency. Government initiatives and increased budget allocations have accelerated the growth of indigenous manufacturing, including missiles, drones, and advanced defence systems.
Market Cap: ₹44,482 Crore Bharat Dynamics, headquartered in Hyderabad, is a key player in manufacturing missile systems and allied defence equipment. The company contributes to India’s strategic and tactical missile programs, including Akash, Nag, and Astra. Data as of 25th December 2024. Source – NSE
Zen Technologies, based in Hyderabad, specializes in simulation-based training solutions for defence forces. It designs combat simulators, drone systems, and live-range equipment to modernize military training. Data as of 25th December 2024. Source – NSE
Market Cap: ₹7,440 Crore Astra Microwave, headquartered in Hyderabad, develops radio frequency and microwave products for defence and space applications. Its offerings include radar subsystems, missile guidance systems, and communication systems. Data as of 25th December 2024. Source – NSE
Market Cap: ₹3,913 Crore Paras Defence, based in Navi Mumbai, focuses on design, development, and production of advanced defence and space engineering solutions. Its portfolio includes electro-optical systems and heavy engineering components. Data as of 25th December 2024. Source – NSE
India's defence sector continues to grow with robust government backing, indigenous innovation, and technological advancements. Companies like Bharat Dynamics and Zen Technologies lead the charge, offering promising investment opportunities.