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Indian firms tool up for defence orders on Modi's 'buy India' pledge

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21 Aug 2014 10:15 #208602 by chairman
(Reuters) - Some of India's biggest companies are pouring billions of dollars into manufacturing guns, ships and tanks for the country's military, buoyed by the new government's commitment to upgrade its armed forces using domestic factories.

India, the world's largest arms importer, will spend $250 billion in the next decade on kit, analysts estimate, to upgrade its Soviet-era military and narrow the gap with China, which spends $120 billion a year on defence.

Under the last government, procurement delays and a spate of operational accidents - especially dogging the navy - raised uncomfortable questions over whether India's armed forces are capable of defending its sea lanes and borders.

Even before his landslide election victory in May, Prime Minister Narendra Modi promised to assert India's military prowess and meet the security challenge posed by a rising China and long-running tensions with Pakistan.

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  • wulfman
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21 Aug 2014 23:50 #208763 by wulfman
Modi is the best thing for India in a long time. He is all about making India better and not corrupt like Sonia Gandhi and her family. Look what he did as Gujarat's Chief Minister. Gujarat is the most economically stable state in India right now and people all over India are coming to Gujarat for a better life. Chairman , my grandma's brother grew up with Narendra Modi. And in the local paper while he was running, there was a picture of him with my grandma's brother who is now deceased. There was another picture with him and a few of my other relatives also.  Pretty cool yah ?

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