America keen to make a big ticket defence sales to India
New Delhi: The United States appears keen to make big ticket defence sales to India which is has begun a $100 bn modernization of its armed forces. Hitherto, India was largely dependent on Russia and its earlier incarnation Soviet Union. Not any longer with Moscow driving a hard bargain and insisting on hard currency trade. More over quality concerns have made Delhi to turn to other suppliers.
For the Obama administration, increased arms sales is a way to increase to jobs at home as the economy is still emerge out of the 2008 meltdown. Already it has given the go ahead to the Lockheed and Boeing to offer to India cutting-edge radar technology for fighter jets.
Fighter jets, 155mm howitzers, long-range maritime reconnaissance aircraft, big league cargo planes, high-tech helicopters and deep-water submarines figure high on the Indian shopping list. The fighter jet deal is worth about $ 10 bn. Besides the Americans, the French, Russians, and Swedish companies are also vying for the Indian pie.
The Bush-Singh accord on civilian cooperation in nuclear energy has opened up the doors for closer UA-India defence ties. As the nuclear parks programme announced by Delhi last week shows, the Americans are forced to share the opportunities with the French and Russians.
Despite increased military bill, India lags behind China, which is spending close to $71 billion, second only to the United States. By contrast, India is spending a paltry $29 bn this year, up by 25 percent over 2008. This outlay is equal to just about 2 percent of its GDP vis-à-vis China’s 4.3 percent and Pakistan’s 3.5 percent.
- Book Review DESTINY OF A DYSFUNCTIONAL NUCLEAR STATE
- Book ReviewChina FO Presser Where is the fountainhead of jihad?
- Book ReviewNews Pak Syndrome bedevils Indo-Bangla ties
- Book Review Understanding Vedic Equality….: Book Review
- Book Review Buddhism Made Easy: Book Review
- Book ReviewNews Elegant Summary Of Krishnamurti’s teachings
- Book Review Review: Perspectives: The Timeless Way of Wisdom
- Book ReviewNews Rituals too a world of Rhythm
- Book Review Marx After Marxism
- Book Review John Updike’s Terrorist – a review
Recent Top Post
- News Journalist Sophia Huang, labor activist Wang Jianbing face subversion charge
- News Xinjiang village walled to control Uyghur movement
- Commentaries Prachanda in China with a Wish list
- News Uyghur event in NY goes ahead despite Beijing’s warning
- News China’s Income Gap Widens
- NewsTop Story “Role Model” Uyghur entrepreneur jailed for 15 years
- News Afghan Taliban Detain 18 on Charges of Preaching Christianity
- News Uyghurs urge UN GA to halt China’s genocide in East Turkestan
- News Among Uyghurs, China aims to ‘meld Islam with Confucianism’
- News Crackdown on Muslims in rural Xinjiang