Brief by Shorts91 Newsdesk / 04:16pm on 23 Oct 2026,Friday India Global
Defence Secretary Rajesh Kumar Singh said India has become Europe’s third-largest arms exporter over the past year, citing a Bloomberg report and demand linked to the “Rearm Europe” initiative. India’s defence exports have reached a record ₹38,424 crore, approximately €3.6 billion, he said. The country now exports defence products to more than 80 nations, including ammunition, artillery shells, small arms, helmets and bulletproof jackets. Singh highlighted the expansion of India’s defence industrial base, which includes around 840 licensed companies and 17,000 small and medium enterprises, including startups. He also said domestic defence sales have reached approximately €17 billion, while India prioritises locally designed, developed and manufactured equipment. (PC: X)
