India’s arms imports quandary
After years of economic success, India faces a slowdown in growth and a rising public deficit. One area in which spending has soared is arms imports, in which India now leads the world. It wants more weapons to be produced at home, but this change will require root-and-branch reforms and can be expected to take place over several years - if at all.
INDIA, the world’s largest importer of arms by far, wants to expand its domestic weapons industry. But it is being held back by a slowing economy, fears of corruption and poor private sector participation.
India is a nuclear power with an army of 1.1 million, one of the world’s biggest a...
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.