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India's ₹72,000 crore drone pipeline boosts three defence stocks

India's ₹72,000 crore drone pipeline boosts three defence stocks
Rs 72,000 crore drone pipeline: 3 Indian defence stocks riding the fast-track surge · financialexpress.com

India's army wants lots of drones because future battles may have thousands of drones flying at once.

To get ready, the Indian government is spending a huge amount of money on drones and machines that stop enemy drones.

This is great news for Indian companies that make drones.

Three companies are especially excited: Zen Technologies, IdeaForge, and Astra Microwave.

Zen Technologies makes machines that catch and stop bad drones.

IdeaForge makes drones that can watch, swarm, and even act like kamikaze planes.

Astra Microwave makes radars and electronic tools that find drones in the sky.

These companies are getting big orders from the government.

Their money numbers are going up, which makes investors happy.

So, when a country buys lots of drones, the companies that make them can grow and earn more money.

Key facts

Drone pipeline
₹72,000 crore
Fast Track drone acquisitions
₹20,000 crore
DAC drone approvals
₹52,000 crore
2025 defence packages
₹1.46 lakh crore (₹67,000 crore in August, ₹79,000 crore in December)
Field commander UAV purchase limit
Up to ₹5 crore per unit
Zen Technologies order book
₹1,239 crore as of 30 June 2026
IdeaForge Q1FY27 revenue
₹68.6 crore, up 436.7% year-on-year
Astra Microwave HAL contract
₹2,205 crore for Uttam radar Active Antenna Array Unit

Quotes

Astra Microwave Products

Indian aerospace and defence firm

“In July 2026, Astra conducted successful technology demonstrations in Jalandhar for a proprietary Vehicle-Mounted Anti-Drone System.”
financialexpress.com
“It is applying for Blue UAS certification, a prerequisite for winning defence and federal contracts in the US.”
financialexpress.com

Sources

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