Weapon Mounts Market size, trends

Gmi Research12 Jul, 2023Technology

The factors driving growth of the Weapon Mounts Market includes rise in the number of terrorism related activities around the world, increase in Government’s expenditure on the defense budget, growing focus on modernizing naval platforms and improvements in the living standards. For instance, the defense budget allocated by the Government of India has risen from INR 4.78 lakh crore FY2021-2022 to INR 5.25 lakh crore