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Defense and Security in India 2011 Report: Over $34 Billion Spent on Defens

angeldemon_007

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DUBLIN--(BUSINESS WIRE)--Research and Markets (Defense and Security in India - Market Research Reports - Research and Markets) has announced the addition of the "Defense and Security in India" report to their offering.

India is the seventh largest country in the world. For many years now, this Asian country has been encountering many issues regarding its national security. Now that Osama Bin Laden is no more and China's growth has been slowing down, India can look forward to seek an amicable and productive relationship with its neighboring countries, China and Pakistan. However, India even after more than half a century of being an independent country, still faces issues regarding internal security, especially in the Kashmiri and Pakistani bordered regions. Also many extremist groups are creating chaos in the north-eastern states.

The country had gone on to curtail the number of armed forces at its borders, but as its adjoining nations began to increase their military strength on their borders, India again stepped up its number of armed forces. The continuing presence of terrorist and fundamentalist forces in its neighborhood has prompted India to maintain a high level of defense vigilance and preparedness to face any challenge to its security. Alone in 2010, over $34 billion were spent on defense and security. With the country's policy to produce its own defense arms rather than acquiring it from other countries, it is looking forward to being completely self dependent by having almost 39 ordinance factories.

Although India has the third largest military force in the world, it still struggles to deal with conflicts internally as well as outside of its borders. The tensions over Kashmir with Pakistan has for a long time been the primary reason behind many battles fought between the two nations. China, too does not seem very keen to resolve its issues with India, and has always maintained a dexterous relationship rather than that of an ally.

Against this backdrop, India remains fully committed to maintaining peace with its neighbors and stability in the region through a combination of defense-preparedness and unilateral restraint, confidence building, dialogue and expanding bilateral interactions. In spite of the assurances provided by the Pakistani Government, infiltration continues across the border. What India needs now is to work towards having a peaceful scenario within and outside of its borders.

In this industry scenario, Taiyou Research analyzes the Defense and Security industries in India. The report includes the following:

In order to understand the development of the Indian defense and security industry, it is important to examine the geopolitical situation in the world, particularly in North East Asia.
This research report analyzes the emergence of a new geopolitical situation in the world through a look at the new roles to be played by the United States, China, Japan, the Koreas, India, Russia, Europe, Brazil, Turkey, Iran, the Middle East, and Africa, in the coming years.
The emergence of new great powers around the world in the face of growing global terrorism is analyzed in the report.
Taiyou Research's report on Defense and Security in India is a complete profile of the competitive industry in India that is dealing with the constant threat of attack from Pakistan and China.

Companies Mentioned:

BAE-HAL Software Ltd
Bharat Dynamics Ltd
Bharat Electronics Ltd
Hindustan Aeronautics Limited (HAL)
Honeywell International India
Ordnance Factories
Rolls-Royce India

Research and Markets: Defense and Security in India 2011 Report: Over $34 Billion Spent on Defense and Security in 2010 as India Seeks Self Sufficiency | Business Wire
 
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Was $34 BN allocated or actually spent? Because there have constantly been reports of huge amounts funds returned by IAF/IN/IA because of the BS red-tape in MoD.
 
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^^^
What are you talking ? Last years defence budget was fully spend and even some extra money was asked and thats why this year FM has said that if the limit is crossed MOD can ask for more.
 
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^^^
What are you talking ? Last years defence budget was fully spend and even some extra money was asked and thats why this year FM has said that if the limit is crossed MOD can ask for more.

I believe you but source please.
 
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how much actually spent?!!!
(taking corruption into account..)
 
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