India capitalizes on Europe’s growing demand for ammunition

NEW DELHI — India’s defense exports to Europe have surged, driven largely by demand for ammunition and artillery shells as European countries ramp up military spending amid Russia’s war in Ukraine. The rising exports could pave the way for deeper industrial cooperation between the two sides. Indian Defence Secretary Rajesh Kumar Singh said that demand linked to the European Union’s “ReArm Europe” initiative, combined with India’s expanding defense manufacturing base, is boosting exports. He spoke Oct 23. at an event in New Delhi. Singh cited a Bloomberg report that found a sharp increase in…