India, which is facing a financial crisis due to the impact of the COVID-19 outbreak on the economy, will prioritize the purchase of locally produced defence equipment than the use of imported materials. Indian Prime Minister Narendra Modi will give a “high priority” to locally designed, developed and manufactured (Indian-designed, developed and manufactured/ IDDM) equipment. Modi aims to increase the country's defence exports to “mitigate “the economic stagnation caused by a coronavirus.
With an expenditure of $71.1 billion in 2019, India has emerged as the third-largest military spender in the world, just behind the US and China.
211216-N-QI061-1222 NAVAL STATION MAYPORT, Fla. (December 16, 2021) An MQ-4C Triton Unmanned Aircraft System (UAS), assigned to Unmanned Patrol Squadron 19 (VUP-19), sits on the flight line at Naval Station Mayport, Florida, Dec. 16, 2021. VUP-19, the Navy’s first Triton squadron, will continue to maintain and operate the aircraft off the East Coast to further develop the concept of operations and refine tactics, techniques, and procedures. (U.S. Navy photo by Mass Communication Specialist 2nd Class Nathan T. Beard/ Released)