India to Commit $50 Billion to Military Modernization over Next Five Years

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    http://www.prnewswire.com/news-rele...n-week-reports-from-aero-india-116194804.html


    NEW YORK, Feb. 14, 2011 /PRNewswire/ -- Aviation Week's exclusive reports from Aero India, the country's 8th international exhibition on aerospace, defense and civil aviation, are available on its Aero India and India web channels, including a report that India is dedicated to making significant near-term investments in aerospace and defense (A&D) programs: $50 billion for defense and $80 billion overall by 2015.

    "While the Medium Multi-Role Combat Aircraft (MMRCA) competition—popularly referred to in the Indian media as the 'mother of all deals'—receives great attention, there are other areas where the Indian government has declared an interest," according to a Feb. 7th Aviation Week & Space Technology article. "Fixed-wing aircraft, rotorcraft, guided weapons and space asset requirements, spread across the four services and the paramilitary forces, will make India one of the heaviest buyers of military equipment in the world this decade."

    As the International Media Associate of Aero India, Aviation Week's thorough multimedia coverage of the show includes a video about the Indian fighter competition by International Editor Robert Wall. Coverage of India's top A&D companies, fighter competition, recent aircraft purchases and current defense fleet is included at http://aviationweek.com/aeroindia, along with blog posts, photos and digital issues of ShowNews. http://aviationweek.com/india also features articles, blogs, photos, an interactive map of A&D companies in India, and two issues of Aviation Week & Space Technology (Feb. 7 and 14) dedicated to Indian aerospace.

    "India represents a significant, growing and globally minded A&D market," said Iain Blackhall, civil aviation publisher, Aviation Week. "India's civil aviation market is projected to increase more than 18% annually, and the government has pledged a strategic focus on aerospace and $80 billion in procurement by 2015. This is a key market for the A&D industry, and Aviation Week is dedicated to covering its development with the industry-leading insights and analysis that our customers around the world expect from us."
     
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