The Indian government has spent billions on developing new weapons systems over the past few years. Some experts believe that India will continue to invest in these programs, while others think that the country will focus on other priorities instead.
The Indian Army Will Get New Tanks
India’s military spending of $76.6 billion ranked third highest in the world. This was up by 0.9 percent from 2020 and by 33 percent from 2012. In a push to strengthen the indigenous arms industry, 64 percent of capital outlays in the military budget of 2021 were earmarked for acquisitions of domestically produced arms.