Moscow Seeks New Role In Indian Defense Market
By Jay Menon .
Source: Aviation Week & Space Technology .
Russia used to be the biggest arms supplier to India, and a reliable one at that. But over-pricing, among other issues, led to a sharp drop in its share of the lucrative market. Now Russia intends to claw its way back to the top over formidable U.S. and European competitors. India was the world's largest buyer of arms from outside its borders in 2011, accounting for 10% of global arms imports ...