Defence ministry to host Aero-India in Bengaluru from February 3-5
Updated : August 28, 2020 02:02 PM IST
India is one the largest importers of arms globally.
According to estimates, the Indian armed forces are projected to spend around USD 130 billion in capital procurement in the next five years.
The government now wants to reduce dependence on imported military platforms and decided to support domestic defence manufacturing.