The Rise in the Defence Infrastructure and Defence Development of India

Kartikey Vashisht and Kartikey Gupta

Journal of Studies in Dynamics and Change (JSDC), ISSN: 2348-7038, 2023, vol. 10, issue 1, 41-49

Abstract: After independence, India faces many problems in each sector and one of them is defence. Through time and patience, we developed and evolve, and realised our loopholes. Currently Indian military ranks 4 out of 145 in the annual global firepower index after the USA, Russia, and China.[1] To maintain, improve and upgrade the military, India’s spending on defence infrastructure is increasing year after year. The defence ministry gets one of the biggest parts of India’s funds. There is various in-house production as well as joint ventures with foreign defence companies.

Keywords: Defence infrastructure; Military expenditure; Indian economy (search for similar items in EconPapers)
JEL-codes: F52 O3 (search for similar items in EconPapers)
Date: 2023
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Journal of Studies in Dynamics and Change (JSDC), ISSN: 2348-7038 is currently edited by Prof. Ranju Hasini Sahoo (Editor-in-Chief), Dr. Siba Sankar Mohanty (Managing Editor)

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