
India’s defence industry is emerging as a significant beneficiary of Europe’s accelerated rearmament efforts, with demand for ammunition and military supplies rising sharply in the wake of the Russia-Ukraine conflict.
As European countries work to replenish depleted stockpiles while maintaining support for Ukraine, Indian manufacturers have substantially expanded their presence in the region’s defence supply chain.
Trade data indicate that India exported ammunition and related military products worth approximately $872 million to European countries during the four years following Russia’s full-scale invasion of Ukraine in February 2022. In comparison, such exports totalled just $49.2 million during the preceding four-year period.
The dramatic increase underscores the growing competitiveness of India’s defence manufacturing sector and its ability to meet the requirements of overseas customers seeking reliable and cost-effective suppliers.
Defence Secretary Rajesh Kumar Singh has described India as Europe’s third-largest arms exporter, highlighting the country’s expanding footprint in a market that has become increasingly important amid heightened security concerns across the continent.
The surge in exports has been driven largely by demand for conventional military supplies, including artillery shells, mortar ammunition, propellants and explosives. European governments have been seeking rapid replenishment of ammunition reserves as military inventories come under pressure from continued support for Kyiv and wider efforts to strengthen national defence capabilities.
India has also emerged as the second-largest supplier of ammunition and related products to 13 countries in Central and Eastern Europe, trailing only South Korea. Before the war, India ranked far lower among suppliers to these markets but has since made significant gains as demand accelerated.
Several countries in the region, including Poland, Romania, Bulgaria, Croatia and others, have increased procurement of ammunition and related products as they modernise armed forces and rebuild stockpiles.
The European Union’s ReArm Europe initiative has further accelerated defence spending and industrial expansion across the continent. The program is encouraging European nations to strengthen military preparedness while diversifying supply chains, creating fresh opportunities for Indian public-sector and private-sector defence manufacturers.
Analysts believe the rise in exports could support longer-term industrial cooperation between India and Europe, particularly as both sides explore deeper defence partnerships and collaborative manufacturing arrangements.
India’s expanding defence production base has played a crucial role in supporting this growth. The country has steadily increased domestic manufacturing capacity across a range of military products, allowing companies to respond to growing international demand.
The broader export picture is equally strong. According to Rajesh Kumar Singh, India’s defence exports reached a record ₹38,424 crore during the 2025-26 financial year, up from ₹23,622 crore in the previous year.
Indian-made defence equipment is now exported to more than 80 countries, reflecting both the expansion of the domestic industrial base and the strengthening of India’s international customer network.
The latest export figures reinforce India’s growing position in the global defence market, with ammunition sales to Europe becoming one of the most notable success stories to emerge from the changing security landscape created by the Russia-Ukraine war.
Agencies













