India Plans To Hike Defense Budget, Open Up Arms Industry
NEW DELHI — India plans to increase its defense spending by 12.5% over the previous year and further open its domestic weapons industry to foreign investments. Finance Minister Arun Jaitley, who is also the defense minister in the new government, has earmarked 2.29 trillion rupees ($38 billion) in...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
