Indian Defence Spending to Hit $50bn

[Lankan Ranger]

Indian Defence Spending to Hit $50bn

India’s defence spending is set to hit $50 billion over the coming five years as it retires its Soviet products in favour of new military technologies, it emerged on February 14th – the day before the opening of DefExpo-India 2010.

The Indian Air Force’s well-documented combat jet requirement for 126 new fighters is set to figure prominently within this spending, but the military is set to revitalize its helicopter and transport forces, too.The Indian Army, meanwhile, has requirements for new armored vehicles, rocket launchers and guns, while the Indian Navy is in need of new aircraft carriers, submarines and other vessels.

ASIAN DEFENCE: Indian Defence Spending to Hit $50bn

 

[ek_indian]

Since this 50B is defence spending of five years, I am not sure is there anything to discuss it.
Unless someone again starts with poverty, toilets, human index etc....

 

[attitude]

the same news from last few times

 

[PlanetWarrior]

As long as it is our $50bn and not the American's I have no prob with that

 

[syntax_error]

hope the super rich pakistanis also like that

This will only lead to more flaming bro ...

 

[Logan]

they r going to jump in anyway..

 

[Kinshuk]

If we were Switzerland, the fig wouldn't have reached 50 B$ mark. But the fact is we are not switziii