Karela Fry

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Indigenous development foreign to India

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Xinhua reports:

India is the world’s largest arms importer and the United States the largest arms exporter, showed figures of the Stockholm International Peace Research Institute (SIPRI) published Monday.

“India received 9 percent of the total volume of international arms transfers during 2006-10, with Russian deliveries accounting for 82 percent of Indian arms imports,” the SIPRI report said.

Suppliers, including the Eurofighter consortium (comprised of Germany, Italy, Spain and Britain), France, Russia, Sweden and the United States,are competing for combat aircraft orders in Asia, the Middle East, North Africa and Latin America, according to Paul Holtom, director of the SIPRI Arms Transfers Program.

European producers, in particular, are seeking export opportunities and are benefiting from government assistance with export promotion activities.

“This can be seen with government support for British, French, Italian and Swedish companies in the competition for billion-dollar orders from Brazil for combat aircraft and warships,” said Mark Bromley, European expert of the program.

China does not figure on the list because it builds its own arms, and is not yet a big exporter. Interesting that the government spends INR 163,504 crores (INR 1.6 trillion) on defense, India boasts of the world’s fourth largest number of scientists, claims to be the emerging industrial powerhouse, but cannot build its own armaments.


Written by Arhopala Bazaloides

March 15, 2011 at 2:58 am

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