Defence biggest theme of decade and not oil, natural resources or forex. Gurmeet Chadha explains why

Defence has emerged as the defining investment theme of the decade, says Gurmeet Chadha, emphasising that military strength now outweighs oil, natural resources or forex reserves in shaping national power. His remarks come amid geopolitical tensions between the US and Venezuela and a sharp rally in Indian defence stocks, underscoring strong structural momentum in the sector.