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After the United States, China and Russia, which country invests the most in its military in the world? The answer is not any NATO country. On the contrary, it is a new Asian giant.
This is India. Military Investment India In 2023, it reached US$83.6 billion, representing a 4.2% increase compared to 2022 and a 44% increase since 2014.
This puts India as Fourth largest defence spender in the world.
A fifth of this amount is directed towards acquiring new equipment and 75% of the resources are focused on locally produced equipment, highlighting India's drive towards self-sufficiency in defence manufacturing.
Among its key acquisitions are the BrahMos missiles, made in partnership with Russia. India has purchased 220 of the long-range (450 km) supersonic BrahMos cruise missiles, intended for deployment on frontline warships, boosting India’s offensive capabilities. Indian Navy.
The Indian Air Force will undergo a major upgrade to its aircraft fleet. Su-30MKI fightersproduced by Russia. The upgrade includes new radars, mission control systems and electronic warfare capabilities, reflecting a commitment to improving the aircraft's operational effectiveness.
Moreover, the internationalization of defense production, which aims to reduce dependence on foreign imports, includes a list of equipment to be fully absorbed by December 2025.
India's defence exports witnessed a significant increase in 2023, reflecting a 32.5% increase over the previous year.
In short, India’s military investment in 2023 highlights a strategic shift towards modernizing its military, enhancing indigenous production capabilities, and addressing regional security challenges. The focus on self-reliance and large-scale equipment purchases position India to strengthen its defense posture in a rapidly evolving geopolitical landscape.
