India world’s largest arms importer: Swedish think tank

[tanlixiang28776]

India can become largest arm importer if it wants. However it should at least export just as much it imports.

 

[Agnostic_Indian]

India can become largest arm importer if it wants. However it should at least export just as much it imports.

i guess we had 49% increase in exports lately.

 

[tanlixiang28776]

i guess we had 49% increase in exports lately.

how much is that in total?

 

[Agnostic_Indian]

how much is that in total?

India ' s exports went up by 49 .8 per cent year- on -year to $ 23 .6 billion in February on the back of increased demand from markets like North America, Asia and Africa . During April-February , 2011 , the country ' s merchandise shipments grew by 31 .4 per cent to $ 208. 2 billion , surpassing the export target of $ 200 billion for the entire 2010 -11 fiscal. " We have crossed the $ 200 billion mark . The current forecast for the year is $ 230 -235 billion ," Commerce Secretary Rahul Khullar said . Imports also went up in February, rising by 21 .2 per cent to $ 31 .7 billion , leaving a trade gap of $ 8 .1 billion , Khullar said . During April-February , 2011 , imports grew by 18 per cent to $ 305 .3 billion. During the 11 -month period, the trade deficit amounted at $ 97 .1 billion . Khullar said that engineering exports are doing ' remarkably' well and are expected to touch $ 55 - 56 billion by the end of this year . Engineering goods constitute about 25 per cent of India' s total exports . The government has floated a strategy paper aimed at doubling India ' s exports to $ 450 billion in the next three years . " In the next three o five years, essentially India has to look to capitalise on its engineering and chemical industry ," he said . However , a few sectors where exports are still in the red include iron ore , fruits and vegetables and cotton yarn on account of restrictions imposed on overseas shipments . In addition, tea exports exhibited a decline during the year . The official figures for February will be released on April 1 . On imports, he said , during April- February 2010 -11 , imports of pearls and precious stones went up by 55 per cent , vegetable oil by 18 per cent , machinery by 19 per cent, chemicals ( 25 per cent ) , coal ( 12 per cent ), ores and scraps (31 per cent ) , petroleum and oil lubricants (12 .5 per cent ) and fertilisers (6 per cent) . Talking about increasing imports, he said , "The reason is that I expect import next month (in March ) at about $ 30 billion and I expect a correction of about $ 10 billion because of oil prices and the fact that import data was not captured for couple of months correctly . " He said that due to increasing imports , India' s current account deficit ( CAD) would be around 2 .5 to 2 .8 per cent of the GDP by 2010 -11 end . India ' s CAD, representing the net flow of income out of the country barring capital movements, surged by 72 per cent to $ 15 .8 billion in the July- September quarter vis -a - vis the same period last year . The CAD, which includes deficit in external trade of goods, services, besides net investment income , stood at 2 . 9 per cent of the GDP last fiscal.
profit.ndtv.com/news/show/india-s-exports-increase-by-49-8-144245

 

[tanlixiang28776]

military exports please.

 

[Agnostic_Indian]

military exports please.

sorry my bad..i jumped in with out thinking.

in military front we still lag behind.don't know the figures.

 

[shaktiman2010]

military exports please.

Google it. Why ask to be spoonfed? Oh wait, Google is censored, i forgot!

 

[blackops]

military exports please.

There is a thread in this forum itself look out for it but the exports will go up many countries are intrested in dhruv same will be for lch imo chances are good for tejas to

 

[angeldemon_007]

I though we were largest importer of defense systems from last two years....

 

[rcrmj]

First of all, my upbringing prevents me to respond suitably with guttersnipe syntax that you have displayed with such expertise and finesse as if it were a genetic affliction.

That said, indeed we are well aware of how free the Chinese media or the internet is.

Your whinnying will not wash away the reality.

If China was a free nation, then Liu Xiaobo would not be imprisoned. In democracies, there are many Liu Xiaobos, but they are not arrested.



Mao, the Great Helmsman said that to the Chinese. Was he wrong? You are a Chinese, right? Take heed what the Great Mao said!

Your sky, like that of the frog, is as wide as the Communist Chinese Govt allows you to peer at!!!

we are happy to see that Liu Xiaobo is jailed, as he is the one claimed that chinese as a race must be ruled by others in order to be 'civilized', and provoke the west to invade china to colonize china (but as u said inida has alot Liu, maybe u guys want brits to come back again?? ) . obviously u never read any Liu's works but willing to be brainwashed by ur bollywood media that he was arrested just because he had a different 'idea'

No, we are not cowards who wish to guided like sheep and animal through brainwashing.

Thank you for your suggestion and live happy as a prisoner of greed.!

u'v just describe indian people ! well u r the one keeps saying reality, but denying all the fact i'v listed about inida. i guess thats why chinese call indian 'a san' becuase they just live in their imaginary world.

In democracies, we rather be poor, but live with dignity and honour of being individuals and not birds captive in a gilded cage!

democracy has nothing to do with india whereas a country denying the very basic value of human rights. the life time slavery of poor indians to pay off their debt, the appalling living conditions of hunderds of millions lack of water and food and education. yet keep barking as 'democracy' lol. u guys making india the joke of the century!

 

[CardSharp]

we are happy to see that Liu Xiaobo is jailed, as he is the one claimed that chinese as a race must be ruled by others in order to be 'civilized', and provoke the west to invade china to colonize china (but as u said inida has alot Liu, maybe u guys want brits to come back again?? ) . obviously u never read any Liu's works but willing to be brainwashed by ur bollywood media that he was arrested just because he had a different 'idea'

Liu is not even an issue. He has no legitimacy even amongst pro-democracy people in China considering he is taking US congress money to achieve his cause.

 

[DelhiDareDevil]

So seems like Chinese members were fine when China were top arms importer, now that they are replaced by India, they seem angry and jealous to me.

 

[tanlixiang28776]

Google it. Why ask to be spoonfed? Oh wait, Google is censored, i forgot!

No I'm just lazy. American remember?

 

[tanlixiang28776]

So seems like Chinese members were fine when China were top arms importer, now that they are replaced by India, they seem angry and jealous to me.

Yes we are very jealous that we don't spend inordinate amounts on arms that we build ourselves.

 

[tallboy123]

Why are u guys jumping...????

Our defense budget is just 1.8% of GDP but normally it should have been 3%....
But our nieghbour has more than 3% GDP of defense spending...