NEW DELHI — India’s defense ministry on April 10 dismissed reports of ammunition and other stocks running low, and stressed that the country is fully prepared in the event of war. “I can assure you India is well-prepared and in a stronger position as compared to the past,” Defense Minister A.K. Antony says. His comments come in the wake of a statement made by S.K. Singh, the departing Indian army vice chief, who said hardly any ammunition was left with the service’s armored regiments.
India’s maintenance, repair and overhaul (MRO) industry could expand by 300% to $1.369 billion by 2020 from $440 million in 2010, boosted by a government plan to exempt aircraft spares and other equipment from customs duties, according to a civil aviation ministry report.
