BusinessPhoto: Amar UjalaIndia Becomes Third Largest Exporter of Defense Equipment to Europe
India's defense industry has strengthened its global presence, becoming the third largest exporter of weapons to Europe. Defense exports reached a record ₹38,424 crore (about €3.6 billion). The 'Rearm Europe' initiative has boosted demand for defense materials, including ammunition and artillery shells. India now supplies defense equipment to over 80 countries, with significant growth in both exports and domestic sales, supported by numerous public, private, and startup defense firms.
Amar Ujala·


