European Conflict Fuels Rapid Growth in Indian Defense Exports
European military rearmament efforts are driving a significant surge in Indian defense exports. According to the report, Indian weapons manufacturers have supplied at least $872 million in ammunition, such as artillery shells and mortar rounds, to European buyers. This upward trend in military trade is strengthening India's domestic defense sector and has the potential to reshape New Delhi's traditional defense and diplomatic relationship with Moscow, as Indian arms increasingly find their way into conflict-affected European markets.
Originally published by Bloomberg Business | By Sudhi Ranjan Sen, Dan Strumpf, Vignesh Radhakrishnan | 22 October 2026 | Read original: https://www.bloomberg.com/graphics/2026-india-defense-exports/
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