India approves proposals for defence equipment worth over $500m

NEW DELHI, 12 January 2023, (TON): India’s government said “it has approved three proposals worth Rs42.76 billion rupees to purchase equipment for its army and navy.”

The country has long been building and modifying its conventional arsenal as a Sweden-based institute Stockholm International Peace Research Institute in its yearly report listed India among the world’s top arms-importing countries, last year.

India is also looking to domestic firms and eastern European nations for military gear and ammunition, as the world’s biggest buyer of Russian arms seeks alternative suppliers at a time when Moscow is fighting a war with Ukraine and facing sanctions.

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