05 June 2015
The Indian Defense sector has established its presence worldwide by a continuous progressive escalation and showing tremendous progress in infrastructural development in the area of nuclear and rocket technology. India is the largest importer of arms in the world with the amount going as high as 60% of its requirements. There is immense scope of holistic growth in this sector with an expected investment of INR 250 billion in 7-8 years and its 40% budget being spent on capital acquisitions.
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