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Home / News / India News / India requires $150 billion to bolster defense
  • India

    India requires $150 billion to bolster defense

    Shiladitya Ray
    Written by
    Shiladitya Ray
    Mail
    Last updated on Sep 03, 2017, 02:05 am
    India requires $150 billion to bolster defense
    Credits:
  • According to Dr. Sudhir Mishra, the Director General of the BrahMos missile system division of the DRDO, India's defense requirements over the next 10 years will require massive spending.

    The distinguished scientist estimates that India would have to spend $150 billion to acquire new, and upgrade existing military equipment.

  • In this article
    India is already improving defense Need for defense equipment manufacturing in India Need for more private players in defense manufacturing
  • Quote

    India is already improving defense

  • "There are many items which we are going to manufacture or procure. Many of them have already become a reality, such as upgradation of MiG-29 and Mirage aircrafts. We are also going to procure around 500 more T-90 battle tanks," said Dr. Mishra.

  • Requirements

    Need for defense equipment manufacturing in India

    Need for defense equipment manufacturing in India
    Credits:
  • Dr. Mishra stressed on the importance of indigenous defense equipment manufacturing for bolstering India's defense.

    He said that the DRDO is willing to share technology with private players, should they choose to enter the field.

    Manufacturing apart, a significant amount would also have to be spent to acquire foreign equipment, especially aircraft, tanks, artillery, among others.

  • Quote

    Need for more private players in defense manufacturing

  • "DRDO is ready to share the technology, as we alone cannot do it. Private players can take that technology from us and develop it for the market. You can approach us and start manufacturing," he added.

  • India
  • DRDO
  • Defense Ministry
  • Sudhir Mishra
  •  
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