India Boosts Defense Equipment Spending Despite Constraints

Rafale
Credit: Dassault
Hidden among some fairly stark top-level figures for India’s 2021-22 defense budget is some positive news for suppliers to the country and for the Indian military’s stalled modernization process. At first glance the news seems bleak. Overall defense spending is set to decline by 1.3% for fiscal 2021...
Craig Caffrey

Craig works as a senior analyst on Aviation Week Network’s military and commercial forecast databases, specializing in military aircraft markets and…

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