Beijingwalker
VIP Member
New Delhi approves $22 billion in military spending amid China border tensions
PUBLISHED WED, OCT 28 20268:11 PM EDTKEY POINTS
- India has approved spending 2.12 trillion rupees ($22 billion) to modernize its defense equipment on Monday.
- New Delhi increasingly views Beijing as a threat, given the Sino-Pakistan military nexus, and the latest purchases are aimed at bridging the technological gap with China.
- The U.S., Israel, Russia and Korea are likely to find substantial opportunities in India’s expanding defense market.

