India is quietly becoming a defense manufacturing powerhouse. In this short we compare India’s (US $77 billion) defense budget to Pakistan’s (US $15 billion). India manufactured defense products worth 1.27 Lack Cr or $15 billion under Make in India. Also, India will poured ₹1.8 lakh crore into new weapons this year. Last year India showcased record exports of ₹23,600 crore.
Key takeaways:
• India’s defense budget is six times Pakistan’s
• Capital expenditure hit an all-time high
• Indigenous production now out-values Pakistan’s total military spend
• Arms exports surged to US $3.5 billion
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