EzioAltaïr
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Those 500 T-55's will be phased out with Arjun, hence the projected figure of 400-500 units (including 240 already ordered + other variants).When its time to replace the modernised T-72s, Arjun will be outdated in comparison with contemporary tanks of the time. On the bright side all those T-72s will instead be replaced with FMBT in around 2020. And what made you think that replacing 1500 T-72s with more life in them with a ~$5 million tank is in any way cheaper ??
oops, my point about the T-72s was a bit stupid XD
But in any case, we do have a need of more tanks to cover the border, so it wouldn't be bad if we spent a few more millions right?