U.S. Eyes Bigger Slice Of Indian Defense Pie -- Washington PostNew Delhi Boosting Military Budget in Modernization Mission
NEW DELHI -- In the ballroom of a five-star hotel here, executives from Bethesda-based Lockheed Martin, the world's biggest arms supplier, threw a candlelight reception one recent night to woo Indian defense experts as their country embarks on a major military shopping spree.
India plans to spend an estimated $100 billion on defense over the next decade to modernize its Soviet-era arsenal. With its growing military footprint, India is steering away from traditional ally Russia, its main weapons supplier, and looking toward the United States to help upgrade its weapons systems and troop gear.
Read more ....
My Comment: This is still a fraction of what China is spending, but for India this is a start.