Alexa
  • Directory of Taiwan

Top defense firms vie to feed Indian arms appetite

Top defense firms vie to feed Indian arms appetite

More than 300 weapons makers are participating in a major air show in India in hopes of capturing a share of the $10 billion worth of fighter jets and other arms India is planning to buy from overseas.
India's Defense Minister A.K. Antony says the developments in India's neighborhood _ a reference to Pakistan and Afghanistan _ pose a security challenge and the government is committed to rapidly modernizing the armed forces to meet this threat. He inaugurated the air show on Wednesday.
India needs to replace equipment bought from the Soviets in the 1970s and 80s and is expected to spend $80 billion between 2012 and 2022 to upgrade its military.


Updated : 2021-10-24 02:50 GMT+08:00