China’s military spend beats India, Japan, Korea & Australia

IDD Explainer The Indo-Pacific is now global military hotspot. Military spends of countries have risen constantly in the past three decades. China is leading the dangerous race of weaponisation in the region. It is now spending much more on military than what India, Japan, South Korea and Australia spend collectively in an year. The data

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Russia losses share in Indian arms market, But US is not a gainer

Israel & France have gained IDD Perspective Russia continues to be the biggest supplier of weapons and equipment to India even though its share for a five year period 2015-2019 has dropped ‘sharply’ when compared with the previous five year block – 2010-2014. Contrary to perception, the share of US companies in the India military-equipment

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Imports growing; Make it lucrative for foreign OEM’s to invest in India

IDD Bureau An officially constituted committee of the Indian Parliament has recommended to the Government to make India a ‘lucrative place’ for foreign military equipment manufacturers to be ‘investing’ in the defence industrial sector. It has also, separately  asked for promotion of India industry, as imports were not decreasing. These are part of suggestions to

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India’s spending on military imports rose in the past 5 years

IDD Bureau India’s plans on making indigenous military equipment notwithstanding, its imports from foreign sources have been rising for the past five years. Import of military equipment has been to the tune of Rs 42,974 crore or nearly US $ 6 Billion the financial year ending March 31, 2019. The import was Rs 29,222 Crore

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