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Budget 2024: Can India's Defense Sector Expect a Big Boost? | Defence Sector’s Budget Expectations
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Anticipations are high for Budget 2024 with a robust allocation expected to strengthen India's defense capabilities. Previous budgets showed a steady increase in defense spending, reaching Rs 6.21 lakh crores in the interim budget, with continued emphasis on 'Make in India' and defense exports. The upcoming budget may unveil schemes to boost defense innovation and research, supporting a dynamic defense sector strategy.
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