Private defence players poised for strong growth; Solar Industries, Azad Engineering among top picks: Amit Dixit

So, in my view, it could be between air and navy. As far as the ordering is concerned, spending is a different matter. So, spending is a function of the execution. However, if you are looking for orders, then we expect that the order for P-75, P-75(I), next-generation corvettes, that could happen in the next 12 to 15 months, so that benefits naval shipyards.

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