Amitabh Dubey

Director of India Research
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A military-industrial complex is born

Overview

Indian military spending is increasing at a rapid pace, and the government expects to procure $100 billion worth of weapons systems by 2012. A large portion will consist of state-owned enterprise production and imports from Russia, Israel, Europe and the US. But as our trusted source explains, the defence establishment is taking a more positive attitude towards private sector involvement in defence. Some of India’s largest private corporations are well placed to benefit from the...

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