India’s military procurement plans are likely to be hampered by a minimal raise in budget allocation for acquisition in the next financial year. Though India has proposed increasing its defense spending by 10% to 2.24 trillion rupees ($36.2 billion) in its 2014-15 fiscal year, which begins April 1, the capital allocation earmarked to buy new arms and weapons systems has been increased by only a paltry 3.2%, or 28.47 billion rupees, to 895.87 billion rupees. The remaining 1.34 ...


You must be a paid subscriber to access "Acquisition Shortchanged In Indian Defense Budget Hike".


Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to for access.


Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.