Sunday, February 21, 2010

India Is The Place To Be If You Are An Arms Merchant

Photo: Assorted military guns are on display at India's defense show in New Delhi, 15 Feb 2010. Photo from Voice of America

For The Arms Industry, India Is A Hot Market -- Time Magazine

The Indian Defense Minister, A.K. Antony, called this week's massive defense-industry trade show, Defexpo 2010, "an endeavor to showcase India's capabilities in land and naval systems as well as its emergence as an attractive destination for investment in the defense sector." His junior minister, M.M. Pallam Raju, was a little more blunt. He called the event, which attracted more than 600 companies from 35 countries, a "one-stop shop." India is emerging as one of the most important defense markets in the world, with billions of dollars to spend, and the global defense industry is only too happy to help it do so.

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More News On India's Growing Arms Purchases And Industries

India Increasing Defense Spending as Economy Grows -- Voice of America
Govt pushes "make Indian" policy at defence fair -- Reuters
Top defense firms vie to feed Indian arms appetite -- AP
Global firms vie for $31-bn Indian mkt at DefExpo -- Financial Express
Defense firms vie to feed India's arms appetite -- San Francisco Chronicle
India’s unending defence expenditure -- Pakistan Observer
Armament majors eye big, fat defence pie -- Deccan Herald
Growth opportunities in Defence -- Business Line
India speeds up $11 bln fighter jets purchase -- Reuters
New Indian defence production policy in two months -- The Hindu

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