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Official: India Will Need To Hike Defense Spending by 30%

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Official: India Will Need To Hike Defense Spending by 30% To Narrow Gap With China

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Indian Army personnel keep vigilance at Bumla pass at the India-China border. Raising a new Mountain Corp for the Chinese border is part of India's plans to close its military gap with China. (Biju Boro / Agence France-Presse)

NEW DELHIIndian defense planners will need to hike defense spending by at least 30 percent for about 10 years to narrow the military differences between India and China, said an Indian Army official.

China spends over $100 billion on defense annually, about triple that of India’s more than $33 billion.

India will spend $150 billion in the next 10 years on new weapons from overseas and domestic sources, the Indian Army official. However, boosting spending 30 percent would require an additional $50 billion.

Given the current state of the Indian economy with an annual growth of less than 5 percent and a high fiscal deficit, the government will find it very difficult to find the additional money, said Nitin Mehta, defense analyst here.

The Army will need an additional $10 billion for the newly established Mountain Core of 80,000 troops to be deployed along the Chinese border. The Mountain Core, named 17 Corps, is planned to be raised in seven years.

India’s strategy of being able to fight China and Pakistan simultaneously will be difficult to achieve because of its slow pace of weapons acquisition, adds Mehta,

India will need to spend more than $6 billion on roads and related infrastructure in the next five years along the Chinese border, said the Indian Army official.

An MoD official said long-term purchase plans include buying night vision devices worth over $7 billion for more than 3,000 tanks and 1,900 combat vehicles. The military also will add aviation assets worth more than $3 billion in the next five to seven years.

Mahindra Singh, retired Indian Army major general and defense analyst, said that given the Defence Ministry’s track record in purchasing weapons and equipment through open competition, it was necessary to buy on a government-to- government basis.

To equip the Mountain Corps, the Army will need to buy about 700 light armored multipurpose vehicles, around 1,000 light strike vehicles, about 50 command post vehicles for reconnaissance and special operation, ultra light howitzers, a variety of UAVs and to weaponize existing UAVs, the Army official said.

A variety of reconnaissance, surveillance and target acquisition systems, greater firepower, and improved mobility will be needed along the Chinese border, Singh said.
 
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high fiscal deficit, low growt rate of around 4.7 and very low curent account deficit.
india is till growing because of market snetiment, any favourable neighbour like bangladesh or pakistan might take away alot in growth from india, if they dont recover soon.
 
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high fiscal deficit, low growt rate of around 4.7 and very low curent account deficit.
india is till growing because of market snetiment, any favourable neighbour like bangladesh or pakistan might take away alot in growth from india, if they dont recover soon.

their current account deficit is around 4% how are you terming it low my dear ....
 
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high fiscal deficit, low growt rate of around 4.7 and very low curent account deficit.
india is till growing because of market snetiment, any favourable neighbour like bangladesh or pakistan might take away alot in growth from india, if they dont recover soon.

Thats a laughable statement
 
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India must get in an arms race with China for Indian national security.
 
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India must spend atleast 50% of their GDP on defense to keep China at arm length.
 
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Still dreaming about Akhand Bharat :cheesy:
Sometimes I wonder the detracted reality some people dwell in. Mark my words:

"India will spend an increased amount of money on defence. A increasing amount will get locally produced driving down costs. And to top it all, the country as a whole is moving in the right direction wrt defence sector. A lot of what you hear is gibberish and is basically propoganda. I am a hedge fund portfolio manager based out of New York. The mount of money folks are investing through JV and subsidiaries and the value of transactions is unprecedented. Therefore while some people may drool over detached sense of happiness, the ground reality is contrary to their deluded sense of failure of Indian economy/defence sector"
 
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Sometimes I wonder the detracted reality some people dwell in. Mark my words:

"India will spend an increased amount of money on defence. A increasing amount will get locally produced driving down costs. And to top it all, the country as a whole is moving in the right direction wrt defence sector. A lot of what you hear is gibberish and is basically propoganda. I am a hedge fund portfolio manager based out of New York. The mount of money folks are investing through JV and subsidiaries and the value of transactions is unprecedented. Therefore while some people may drool over detached sense of happiness, the ground reality is contrary to their deluded sense of failure of Indian economy/defence sector"

The world's top defense companies are eyeing this market and have opened up liaisoning / marketing / sales offices in India - I guess they aren't aware of what a bunch of jokers on this thread are aware of.
 
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