Operation Sindoor triggers 328% surge in defence spend driving May capex, says Jefferies – Here’s why and how
- Posted on July 3, 2025
- By Financial Express
- 2 Views
Operation Sindoor triggers 328% surge in defence spend driving May capex, says Jefferies – Here’s why and how
India’s defence capital expenditure surged 328 per cent year-on-year in May 2025, largely driven by the government’s post-Operation Sindoor push for indigenisation.
