I think it is still under-penetrated market. Equity penetration in India is still in the single digit. So, I think there is immense scope for this to grow.
BEL shares in focus after Rs 2,210 crore order to supply EW kits for IAF helicopters
Bharat Electronics (BEL) shares are in focus following a Rs 2,210 crore order from the Defence Ministry for Electronic Warfare suites for the Indian Air