Source: DW
As German Defense Minister Ursula von der Leyen visits India, DW examines why the South Asian nation has for years been one of the largest weapons importers, and whether the build-up is triggering a regional arms race. Continue reading–>
Make in India: Tata, Mahindra and Larsen & Toubro in race to partner gunmaker BAE for howitzers
By Manu Pubby
NEW DELHI: A ‘Made in India’ American gun may finally boom for India’s army. And the potential list of Indian companies as partners of American defence major BAE includes India Inc blue chips Tata, L&T and Mahindra. Continue reading–>
Defence budget hiked by nearly 11%
On Saturday, the defence budget was increased by 10.95 % to Rs 2.46 lakh crore for the next fiscal as compared to the revised estimates of Rs 2.22 lakh crore for 2014-15 as the government focuses on ‘Make in India’ to curtail over-dependence on imports. (Source: Daily News and Analysis) Continue reading–>
This map shows how the rest of the world doesn’t even come close to the US’ military spending
by Amanda Macias
The US continues to hold the indisputable top spot in defense spending, designating more than the combined expenditures of the top 15 nations according to an annual report from the International Institute for Strategic Studies. Continue reading–>
India to spend £10BILLION on new warships and submarines-
by John Stevens
India has unveiled a massive military spending plan that will see it splash out more than £10billion on a fleet of new warships and submarines.
The country, which has received £1.6billion in aid from Britain in the past eight years, will bolster its navy by building seven frigates at a cost of £5.2billion.
A further £5.2billion will be spent on six nuclear-powered submarines. Continue reading–>
