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India Becomes Third-Largest Arms Exporter to Europe, Says Defence Secretary

India has become the third-largest arms exporter to Europe, as announced by Defence Secretary Rajesh Kumar Singh. This development is attributed to the rising demand for defense equipment linked to the European Union’s ‘ReArm Europe’ initiative and the growth of India's domestic manufacturing sector. Singh reported that India's defense exports have reached a record high of approximately 3.6 billion euros, with a significant focus on standard ammunition and artillery shells. He emphasized the government’s commitment to ensuring that a substantial portion of defense spending is directed towards domestically produced products.

The Radius summarizes this story. Read the original report from NewsOnAir.