Indian Air Force To Spend $37B On Modernization By 2022

NEW DELHI — The Indian air force (IAF) aims to spend $37 billion over the next 10 years to step up its modernization program, according to a defense official. “We are on [a] path of modernizing our assets,” says Air Marshal R.K. Sharma, IAF’s deputy chief. “In the last five-year plan [2007-12], IAF...

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