Fighters, Brahmos, Tanks, missiles and Guns can be exported from India
Month: February 2021
$130 billion to spend, India opens arms to local and foreign makers
Decisive shift India allocates $ 18 Bn for military equipment
An allocation of almost $ 18 billion, under what is called the ‘Capital head’ of its budget, is the largest increase in 15 years when calculated on an year-on-year basis. It also almost doubles the allocation within past four years. In the budget presented in February 2017 the allocation was Rs 69,473 Crore ( approx $ 9.26 billion).
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