Prime Minister Narendra Modi’s Independence Day address put the spotlight on self-reliance in defence, announcing Mission Sudarshan Chakra — a homegrown air-defence system — along with a push for indigenous jet engines and a reaffirmation of Make in India’s military strength. The speech, delivered amid heightened tensions with Pakistan, could put defence stocks such as HAL, Bharat Dynamics, BEL, Mazagon Dock, Cochin Shipyard, and Paras Defence in focus for investors.
