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Indian Firm Linked To Estonia Ammunition Deal Has No Dealings With Defence Ministry

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Summary

NECO Defence is part of a Nagpur-based group of companies involved in the steel manufacturing business. They added that the company recently acquired Datasel, a small Italian firm involved in the manufacture of small arms and ammunition

Key Facts

TypeNews

SourceDeccan Chronicle

PublishedMonday, 7 September 2026

Affected Population1.4 million active military, border populations

Key Numbers

Defence budget: Rs 6.21 lakh crore (2025-26)

68% indigenous procurement target

1.4 million active military personnel

Key Authorities

Key Stakeholders

Government Context

NDA IIIBJP-led NDA

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Defence & Security35 tracked→

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