SOURCE: Business-standard By the year 2020, India could emerge as the third-biggest country in terms of defence-related expenditure, US-based consulting firm IHS projected in a study published on Friday. India, home to the world’s second-largest population, currently stands eighth in total spending on defence (expenditure, procurement, research and development). The country in 2014 spent $47.78 […]
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from idrw.org http://ift.tt/1CgDibr
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