India to spend 130 billion dollars for military modernization in next 5-7 years

Discussion in 'Defence & Strategic Issues' started by ashdoc, Sep 9, 2019.

  1. ashdoc

    ashdoc Senior Member Senior Member

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    maniacguy, Bleh, manoj urwa and 2 others like this.
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  3. IndianHawk

    IndianHawk Senior Member Senior Member

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    I don't think so. Govt knows all the extra money will go for imports . To bring up domestic industry we need to do better in the given budget.
     
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  4. Shashank Nayak

    Shashank Nayak Regular Member

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    Although the defence budget is decreasing as percentage of GDP... It is still around 2 Percent of GDP when you include pensions..
     

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