Dii are biggest investors in the Indian Market. Youngsters are aggressively buying SIP, which inturn enters equity. That is why prices of equities are appreciating far beyond normal levels. Companies like HAL now seems to be overpriced. You can also look at listed Drone companies in India and what they do. Just depending on Govt policy decision for sales is not a good thing.
Industry should have diverse customer base with wide spectrum revenue sources.
Having exports is a good thing. But probe who are the customers. Again, if it is govt of other countries, one cannot bet on policy decisions of any govt. It can change any time.
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