India Needs $233B in Next 11 Years To Buy Weapons

Discussion in 'Defence & Strategic Issues' started by sorcerer, Sep 9, 2016.

  1. sorcerer

    sorcerer Senior Member Senior Member

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    India Needs $233B in Next 11 Years To Buy Weapons


    NEW DELHI — India needs $233 billion to meet its weapons and equipment requirements in the next 11 years, according to the Long Term Integrated Perspective Plan (LTIPP) for 2012-2027, an Indian Ministry of Defense (MoD) source has revealed. However, there's division over whether India will be able to meet the funding need.

    The list of the weapons and equipment needed for India's armed forces translates to a cost of $233 billion. According to the MoD source, the money will come from the country's procurement budget, Capital Head.
    To meet the funding target, India will need to increase defense spending at an annual rate of more than 10 percent.
    The funding allocation in the Capital Head for 2016-2017 is $37.94 billion, which works out to an increase of 2.3 percent in rupee terms against last year's funding allocation. However, in US dollar terms, it was a 10 percent drop compared to last year's allocation of $42.1 billion because of the depreciating Indian rupee against the dollar.

    "Given the depreciating Indian rupee and near-stagnant in fund allocation in the last two years, it is unlikely that there would be an annual increase of more than 11 percent to meet the target of $233 billion set by LTIPP for the next 11 years," said Nitin Mehta, an India-based defense analyst.
    However, Amit Cowshish, MoD's former financial adviser, is confident India will fulfill the planned requirements. "The amount of US $233 billion works out to approximately 15,000000 million Indian rupees. The current year's allocation for capital acquisitions is around 70,0000 million rupees. Taking this as the base and assuming a reasonable yearly growth of 10 to 11 percent, the total allocation over the next 11 years would anyway be close to 15,00,0000 million rupees. So any acquisition plan that is based on this financial assumption would be quite realistic."
    LTIPP lists the purchase of 500 helicopters, 12 submarines, nearly 100 single-engine fighter jets, more than 120 twin-engine fighter aircraft and an aircraft carrier, according to the MoD source said.

    Mehta emphasized the importance of meeting these LTIPP requirements.

    There are several projects that have been awaiting finalization by the MoD for the last three to four years, including the purchase of 36 Rafale fighters from France; the acquisition of 56 Airbus C-295 transport aircraft; the license production for Kamov 226 helicopters in India; the purchase of 145 ultralight howitzer artillery guns from the United States; the purchase of 100 155mm tracked artillery guns; the purchase of 280 aero engines from Honeywell for the British-built Jaguar aircraft used by the Indian Air Force; and the purchase of five units of Russian-made S-400 advanced air defense systems cleared by the ministry's Defence Acquisition Council.

    http://www.defensenews.com/articles/source-india-needs-233b-in-next-11-years-to-buy-weapons
     
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  3. republic_roi97

    republic_roi97 Senior Member Senior Member

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    Weren't these already cleared by government back in May, 2015 ??????
     
  4. tharun

    tharun Patriot

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    So 223$ billion for next 15 years...Here is my suggestions...
    1)For Army..
    --3000 155mm field howitzers
    --Total change in uniform for active and reserve troops with flame resistance clothing
    --Full Bullet proof gear(jacket,helmet),hand gloves,knee pads
    --Field radios with earphones
    --Good guns(Assault rifles,MMG's,sniper rifles)
    --Replacement of T-72 tanks
    --All Bmp's replacement with new vehicles with protection upto 30mm caliber
    --Battle field management system
    2)For Airforce
    --Tejas Mk-II with production capacity of 36 aircraft each year
    --FGFA
    --Any other plane for temporary to replace ageing aircrafts
    --S-400 system
    --Another SAM with a range of 200-250km
    --Pantsir-S1
    3)For Navy
    --cancel P-75I and make 16 conventional submarine with the budget
    --Six SSN's
    --SSBN's
    --Destroyers with missie carrying capacity from 90-110
    --Cheap Frigates and covertte
     
  5. AbhinavTheBrahmin

    AbhinavTheBrahmin Regular Member

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    We Will Get More Than That As Our Economy Increases
     
  6. busesaway

    busesaway Regular Member

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    That's equal to Australia's annual military budget... considering that India is a low-cost country, India must be able to beat Australia...
     
  7. Mikesingh

    Mikesingh Senior Member Senior Member

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    What's the point of buying all these gizmos when our politicos don't have the balls to confront Pakistan? Waste of money!
     
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  8. raheel besharam

    raheel besharam Regular Member

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    Even porkiestani politicians dont have balls to confront us

    according to them RAW slaughtered the kids of their soldiers, officers in APS pissawar but still they remained mum
     
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  9. tharun

    tharun Patriot

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    If you are fully equipped no politician fears..if not every one will make back steps
     
  10. Indx TechStyle

    Indx TechStyle Perfaarmance Naarmal Senior Member

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    Australian budget is already $32.4 billions compared to India's $49 billions.
    Even if we exclude salaries and pensions of Indian soldiers, our budget is still higher.

    As far beating Australia is concerned, their conventional military doesn't stand anywhere near ours, plus they have no nuclear weapons unlike India's.
     
  11. republic_roi97

    republic_roi97 Senior Member Senior Member

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    Oil prices are already going down, middle-east is going into crisis, its pretty obvious that muslim world is a curse and a plague to Human Civilization, seeing that not a single Islamic nation is capable of projecting it as a world power and equivalent of India, China, USA, Germany, Japan, UK, Russia etc. Such a shame for 50-60 odd Musulman nations.
     
  12. republic_roi97

    republic_roi97 Senior Member Senior Member

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    That is a pretty great wishlist and a close one to the government and military's current shopping list.
     
  13. republic_roi97

    republic_roi97 Senior Member Senior Member

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    Turkey is nothing as compared to their european counterparts. They are nothing without NATO just like Porkistan is Nothing without chinies.
     
  14. ezsasa

    ezsasa Senior Member Senior Member

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    Good point and also to be noted is that their numbers in both personnel and equipment is very low compared to us.

    I wonder where does the money go. Maybe it's just that high cost is because of lack of domestic defence industry and fully dependant in external vendors.
     
  15. AbhinavTheBrahmin

    AbhinavTheBrahmin Regular Member

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    Well austrailia wont grow like India so Indian defence spending OCuld increase
     
  16. AbhinavTheBrahmin

    AbhinavTheBrahmin Regular Member

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    and pakistani hijdas would take over than pakistan would became a hijda islamic country and whole world would call them hijda muslims and as for the moderator dont ban your fellow brahmin ban the pakis who abuse hindus
     
  17. republic_roi97

    republic_roi97 Senior Member Senior Member

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    @AbhinavTheBrahmin I like your straight forwardness, am desperately waiting for a few Jihadi Brigade members confrontation with you in some other thread.
     
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  18. ezsasa

    ezsasa Senior Member Senior Member

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    True, but one little additional Info.

    The numbers of their defence forces and equipment are less because they know that nobody would want to occupy them.

    In fact this arrangement is as per their national security policy formed prior to Second World War . The deal was made with Britain and later with America that Australia would participate in west's wars and in return they would be externally protected by America.
     
  19. republic_roi97

    republic_roi97 Senior Member Senior Member

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    Unlike all the other developments in the Navy, the SSN and Arihant SSBN and follow on SSBN projects are kept under the wraps. Nothing much seems to be getting out.
     
  20. AbhinavTheBrahmin

    AbhinavTheBrahmin Regular Member

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    Who Knows
    See My Previous Post
     
  21. Indx TechStyle

    Indx TechStyle Perfaarmance Naarmal Senior Member

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    @AbhinavTheBrahmin @republic_roi97
    Please refrain from using foul language and country bashing.
    This thread is not about pakistani. So, must even not be brought here.:)
     
    republic_roi97 likes this.

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