Sweden and Israel invest far more than India on R&D as a percentage of GDP. India has other developmental priorities. However, once India achieves middle-income status, it will be able to focus resources on R&D as well.
India has already lost the largest-importer tag; it’s now the second-largest importer.
The report by SIPRI, a think tank, says India’s arms imports from both Russia and the US fell during the five-year period, though the decline was more pronounced in the case of Russian arms deals
www.livemint.com
In fact, roughly 88-89% of our naval ships are made-in-India as of 2020 notwithstanding foreign components
(if I remember correctly). By 2030, I can confidently say that the India will be able to source almost all of its Navy indigenously.
Let’s consider an example.
Just about 30 years ago, Sweden and Israel would’ve also shamed China. But what’s the situation now?! China has advanced so far that its on the verge of rivalling the US! The Pentagon has admitted in its 2020 annual report that
China is already ahead of the US in some areas and will seek to surpass the US by 2050.
James E. Fanell, a former top US military intelligence officer, estimates that China may “achieve sea control in the global maritime commons as early as 2030, and potentially even sea superiority by 2049”.
So my question to you is: how did China go from having a primitive military in 1990 to a modern military which challenges the US in 2020? The answer may sound simplistic but that’s the crux if it: a blitzkrieg of
economic growth.
India has a population similar to China’s, and both of them are not very different in terms of national resources
(I won’t elaborate this in this thread, we’ll save this for another day). Therefore, India has the potential to rival China in terms of Gross National Power. In fact,
India is the only country which has the potential to surpass China in the long term. And if you’re wondering, the US is likely to loose its number-1 status just like Britain, if history is a guide. The US appears likely to slide to number-3.
Let’s continue this discussion on another thread because it’s deviating from AMCA.