Defence exports: India now third-largest arms exporter to Europe
Why in the news
Defence Secretary Rajesh Kumar Singh told reporters that India has become the third-largest exporter of arms to Europe, helped by rising European demand. His remarks were reported on 24 October 2026.
Key facts
- Record exports: defence exports reached an all-time high of ₹38,424 crore, about 3.6 billion euros.
- Reach: India now ships defence items to more than 80 countries.
- ReArm Europe: the European Union’s rearmament push has raised demand, especially for standard ammunition, artillery shells and large- and small-calibre rounds.
- Products: artillery, ammunition, small arms, helmets, bulletproof jackets and other tactical gear.
- Other buyers: countries in Southeast Asia have shown interest in Indian small arms, components and artillery guns.
- Way ahead: joint ventures with European partners and invitations to European firms to manufacture in India under Make in India.
India’s defence industrial base
| Segment | Number |
|---|---|
| Major public sector companies | 16 |
| Large and medium private firms | About 840 |
| Small enterprises, including startups | Nearly 17,000 |
About the domestic spending goal
The government wants 75% of its yearly defence capital spending, estimated at 20 to 25 billion dollars, to go to domestic industry, with priority for products designed, developed and made in India.
Exam angle
- Remember the export figure (₹38,424 crore) and the 80+ destination countries.
- Link the rise to the EU’s ReArm Europe initiative.
- The 75% domestic capital spending target gives priority to products designed, developed and made in India.