India May Re-Emerge As A Key Defence Market

India has ordered 464 T-90MS 'Tagil' Main Battle Tanks 




Companies dependent on the defence sector may be complaining about paucity of orders. But defence spends are scaling new heights.




In 2016, India overtook Saudi Arabia and Russia to become one of the top five defence spenders for the first time, says Jane’s Defense Budget report by IHS Markit. In 2015, India was the sixth largest