India’s defence exports rose 62.66% from ₹23,622 crore in FY 2024–25 to ₹38,424 crore in FY 2025–26, according to figures released by the Ministry of Defence. The total is equivalent to approximately €3.6 billion. Singh attributed the growth in exports to increased demand for standard ammunition, artillery shells and large- and small-calibre ammunition in European […]