Defence textiles: This rapidly growing niche has put these two stocks in focus
Defence textiles: This rapidly growing niche has put these two stocks in focus
The demand for defence-related textiles is growing by leaps and bounds. The increasing use of flame-resistant fabrics, ballistic protection, parachute fabrics and specialised technical textiles is creating new opportunities in this sector. Keep watch on these two stocks in this niche.
Kolkata: The niche business of defence textiles is booming in India. It is no longer limited to uniforms. Demand is growing for specialised products such as flame-resistant fabrics, ballistic protection, aramid-based materials, parachute fabrics and climate-adaptive combat clothing. India’s technical textiles market, valued at $4.13 billion in 2025, is projected to reach $6.26 billion by 2030. let’s have a look at two stocks that are in a position to make hay.
Kusumgar’s aerospace and defense business is based on finished defense solutions with technical fabrics. The company has developed over........
