Inside India newsletter: New Delhi approves $22 billion in military spending amid China border tensions
Summary
New Delhi has approved a massive defense spending package worth twenty-two billion dollars amid ongoing tensions along the Chinese border. This significant financial commitment is expected to create major commercial opportunities for foreign weapons manufacturers based in America, Israel, and Russia as the local military market expands.
American, Israeli, and Russian defense manufacturers are likely to find substantial opportunities in India's expanding defense market
Source: Read the full story at US Top News and Analysis
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