India Plans Huge Investments In Defense Modernization

[Mech]

The figure 945 billion is not a mistake. This will go towards infrastructure development, industries developing defence technologies, acquisitions etc.

 

[Bhairava]

BS defence journalism.

Its 100% 945 billion Indian rupees. (approx 20 bil $)

Now chill

 

[S10]

"India plans"

I stopped reading right there.

 

[Obambam]

"India plans"

I stopped reading right there.

I read a bit more further down before hitting the obstacle:

could be more than $945 billion

 

[acetophenol]

If it includes all those infrastructure,then kudos!

 

[FriendOfPakistan]

And who will benefit from this spending ?

Can India win over China even with 2 trillion spending ?

Does India need this for Pakistan, given that nuclear weapons would decide the fate of war ?

 

[pike]

HAHA
GOOD NEWS if it is true

 

[OrionHunter]

Wow!! Rs 50 trillion??

How many zeros is that? 5 0 0 0 0 0 0 0 0 0 0 0 0 0

That's more zeros than what I got during my entire primary education!!

 

[acetophenol]

And who will benefit from this spending ?

Can India win over China even with 2 trillion spending ?

Does India need this for Pakistan, given that nuclear weapons would decide the fate of war ?

India will benefit from this.

 

[AGENT 47]

india
2010-2011 defence budget: $31.9 billion
2011-2012 defence budget: $42 billion (say $36 billion)

due to huge defence investment in future like 1 lakk extra army recruitment for china border,submarine-2 extra aircraft carrier,naval fighter plane,destroyer and frigates,mrca,brahmos,extend of globemaster-c130-apache-p8i,Indigenous missiles and also from other country like israel,insas program,huge invest in Indigenous production like mainly tejas-lch-arjun etc,border infastructure,
and many more.so all it take huge invest which was not in before 5 years.
in 2011-12 is $42billion so next budget which is $10 billion more than 2010 budget.
take min budget
2012-2013 defence budget -$60-70 billion
2013-2014 defence budget -$70-90 billion
2014-2015 defence budget -$90-120 billion
2015-2016 defence budget -$120-140 billion
2016-2017 defence budget -$130-150 billion
so we take minimum budget, then five years budget wiil cross min $500 billion.

so i think it will be $700-800 billion.

 

[zer_0]

"India plans"

I stopped reading right there.

couldn 't read beyond that

 

[angeldemon_007]

And who will benefit from this spending ?

If investment in defence sector is increased, more jobs will be created, quality products will be produced and that will increase indigenous purchases and that will bring back the money. Just take examples :
1) Brahmos : With initial investment of 300 million $, followed by a recent purchase of a PSU in 285 million $ (to increase production), Brahmos Aerospace order book till this date for Brahmos missile is 13 billion $. They recently gave 1 million $ each to IISc & MAI for research work in hyper-sonic technology...not to mention Brahmos employs tens of thousands of people in both India and Russia.

2) Akash SAM : With an investment of 200 million $ Akash SAM was built and till this date order books stand for 5-6 billion $ and with expectations for further orders. Again alot of people got new jobs and with this success DRDO & BEL are building Akash mk2 without any investment with higher accuracy, better responce time and greater range.

So i would say with all this India is definitely gonna get gains...

Can India win over China even with 2 trillion spending ?

Well there won't be any result if 2nd Indo-China War happens...

Does India need this for Pakistan, given that nuclear weapons would decide the fate of war ?

Are you saying after next Indo-Pak war Pakistan won't be on the globe ? I mean if a nuke is used what are expecting the outcome will be ? (No offence to anyone) but nuke is not gonna be used even if India-Pakistan fights again and these weapons which India is purchasing will be used...