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india eu defence pact how europe s move away from us arms could create a multi billion dollar opportunity for indian defence companies

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India EU Defence Pact: How Europe’s Move Away from US Arms Could Create a Multi Billion Dollar Opportunity for Indian Defence Companies

by Avinash Bhatt Jan 28, 2026

The Indian defence sector surged sharply after the announcement of the India–EU Security and Defence Partnership, with the Nifty India Defence Index jumping nearly 7% in a single session and several defence stocks rallying over 5–10%.