You are here

India upgrades its armoury

India's reliance on imports may well continue even as it seeks to develop an indigenous military industry.

PM Modi is intent on boosting his government's "Make in India" mission through indigenous design, development and manufacturing of military hardware in defence. But the fact is that India's arms purchases far overshadow its exports at present.

BY FAR the largest importer of arms in the world, India is poised to spend an estimated US$310 billion (about 20.6 trillion rupees) by 2022 on upgrading its arsenal. Vying for these sweepstakes are global arms vendors as well as domestic suppliers that are exploring all viable options such as

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom