What is the investment opportunity in defence stocks over the next few years given global scenario? The Defence opportunity is large and non-negotiable says Yash Kela of Singularity AMC India is now the worlds 4th largest defence spender , behind US, China and Russia Indias defence production today is about Rs 1.5 lakh crore annually, and importantly private sector is 1/3rd of that production. Defence is no longer a PSU driven story in India  Indias total defence budget is 7.85 lakh crore of which 2.19 lakh crore is capex the capex share is rising towards 33% which matters becase capex is where new platform and new tech procurement happens  defence exports are the second engine. Exports were 22000cr in FY24 with the government target to take this to 50000cr by FY29 Yash Kela is the founder and CIO of Singularity AMC , a 1 bln$ AUM growth equity platform that is deploying capital across three strategies - private growth equity , strategic autonomy and private investments in public equities. We did a deep dive into 4 sectors in which India has a right to win and is building strategic autonomy strategic autonomy in these sectors helps India reduce risk, expand profit pools and create export competitiveness -Defence  -Electric buses -Solar battery  -Electronics here is a small glimpse of our conversation on defence and the opportunity that lies ahead with @SingularityAMC Full Pod out on The Money Mindset ✨

Today I sat down with Yash Kela , Founder and CIO of Singularity AMC. This is part of our series introducing the young generation of investors and wealth builders in India that have so much to offer , a fresh perspective , deep research and are building for new India. Yash Kela is building Singularity AMC which today manages over 1 bln$ of investments in public and private markets. We did a deep dive into one theme : Strategic Autonomy of India covering 4 areas where India has manufacturing prowess and a right to win. - defence -electric buses - electronics -solar batteries The episode was a masterclass on how India is building strategic autonomy in critical sectors which will help India reduce risk , expand profit pools and create export competitiveness in this volatile global set up. Full episode coming soon ✨ @SingularityAMC