India, April 4 -- German industry is increasingly turning to defence production, the German Chamber of Industry and Commerce said.

A survey obtained by the business news magazine Wirtschaftswoche revealed on Friday that almost a third of industrial companies see opportunities for their own business models in the security and defence sector.

The general economic situation remains tense due to the conflict in the Middle East, with leading institutes having revised down their forecast for German growth this year.

The DIHK's special analysis suggests one in six industrial firms in Germany is already integrated into the defence sector's value chain.

The frontrunner is the vehicle manufacturing sector, where 36% of companies are active dire...