Indian Defense Budget To Prioritize Investment In Domestic Companies
![India](/sites/default/files/styles/crop_freeform/public/2022-02/gettyimages-1234685412.jpg?itok=Cxv8KMGa)
Credit: Money Sharma / AFP / Getty Images
LONDON—Indian defense spending is set to rise by 4.4% next year to INR5,252 billion ($70 billion) with the new budget plan emphasizing investment in indigenous programs and the local industrial base. Although the rate of growth for the new budget is well below the 7.8% average seen over the past...
Subscription Required
Indian Defense Budget To Prioritize Investment In Domestic Companies is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.