18 Mar '17, 8am

US, Israel, Britain top supplier of defence equipment to India: Govt

US, Israel, Britain top supplier of defence equipment to India: Govt

The US has topped the list of foreign countries with which India has signed contracts for procurement of weapons and military platforms in the last two years, followed by Israel and Britain. In reflection of rapid transformation in India's arms procurement, Russia was in the fourth place in terms of number of contracts signed during the period. Replying to a question in Lok Sabha, Minister of State for Defence Subhash Bhamre said a maximum of nine contracts were signed with American companies while seven pacts were signed with Israeli firms, five with Britain and four with Russian defence majors. The number of contracts signed with Germany and Sweden were three each followed by France with two. The minister said 94 contracts involving Rs 82,979 crore have been signed with Indian vendors for capital procurement of defence equipment in the last three financial years. He said...

Full article: http://www.defencenews.in/article.aspx?id=251033

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