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India to acquire arms worth $30b in the next 4 years.

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Vivek Shukla

New Delhi—Notwithstanding global economic meltdown, India is ready to spend whopping 30 billion dollars for importing most sophisticating weapons in the next couple of years as leading armament companies of the world are trying their best to grab some orders. This was very much evident in the recently concluded Aero- India-2009 in Bangalore.

A large number of armament companies from Germany, France, US, Russia, Italy, Belgium, Israel and Australia were there to sell their stuff. The world’s most famous aviation majors such as Boeing, EADS and BAE systems, MIG-Sukhoi, Bombardier and SAAB sent their representatives in Bangalore to explore the possibilities of selling their fighter planes.

Defence experts say that after the bloody 26/11 Mumbai attack, the Indian government is not sparing any stone unturned to further strengthen the capabilities of Army, Navy, Air Force and Coast Guard. Hence, the arms making companies are trying to sell their products.

“Despite economic slowdown of unprecedented proportions, we can’t ignore the needs of defence forces. There is absolutely no crunch of funds for our defence modernization programme,” said Defence Minister AK Anthony in an interview.

Incidentally, India is already among the most arms importing nation of the world. They have signed deals worth 28 billion dollars since the 1999 Kargil.

Sources say that Indian Air force has a staggering budget of close to 12 billion dollars to bolster their capabilities. Same way, the Army, Navy and Coast Guard also have huge plans to buy helicopters for VVIPs and 22 attack helicopters.

Defence experts say that no country should feel frightened with this fact that India is going overboard to buy arms. After the 26/11 attack, it is left with no option but to strengthen their defence capabilities.
 
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I think the figure would be more than 30b, if ARMS includes all the defence equipment. India's defence budget now is about 35b per year.
 
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Yep, i've indeed noticed their progress.... (well bharat-rakshak news ;)) lot more programs expanding, Airforce, Navy, Army doing a great job with new recruits and equipment.

Indo-American relations improving!! India-Russia with serveral development programs!

Bharat Mata ki jai
 
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when it takes 30 years to run projects like arjun and lca, this is indeed a smart move.

good for you guys!
 
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$ 30Bn should consdered as the replacement cost and not the expansion cost. Most of the items we are buying under this is replacement for the existing hardwares, like MRCA, Artillery, SAM's. The new things would be ATV, ABM, AWACS..
 
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$ 30Bn should consdered as the replacement cost and not the expansion cost. Most of the items we are buying under this is replacement for the existing hardwares, like MRCA, Artillery, SAM's. The new things would be ATV, ABM, AWACS..

True. As the defence minister put it, money is not a problem. We aready have a defence budget of 32bn, these are indeed the replacement costs.
 
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