India's very lucrative defence modernisation programme

February 03, 2012 18:48

'India plans to spend about $100 billion over the next 10 years to upgrade its largely Soviet-era military equipment, as Asia's third largest economy looks to match its military power with its economic clout,' reports Arup Roychoudhury in Reuters, and details some of the major modernisation programmes underway at India's three forces. Read about it here.

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