Archive · 18 Aug 2026

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

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

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.

Sources