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India Becomes Biggest Foreign Buyer of U.S. Weapons

: Feb 26, 2014 - : 12:51 am

India imported $1.9 billion of military kit from the U.S. last year, making it the biggest foreign buyer of US weapons, according to research from IHS Jane’s.
The U.S., which remained the largest exporter of military equipment, displaced Russia as India’s biggest arms supplier. In total, the US exported $25.2bn of military equipment in 2013, compared with $24.9bn the previous year, reports Financial Times.
India, with total defence imports of $5.9bn, became the most enthusiastic buyer from the US, knocking Saudi Arabia out of the top spot with purchases that included Boeing’s C-17A strategic transport aircraft and P-8I Maritime Patrol Aircraft.
“We are seeing trade patterns fundamentally change for the dominant players,” Financial Times said, quoting Ben Moores, senior analyst at the security consultancy and the author of the report. “India is outpacing everyone.”
India overtook China to become the biggest arms importer in 2010, according to the Stockholm International Peace Research Institute, which monitors the global arms trade.
Until now, however, most of India’s contracted arms purchases have been from Russia, partly because it has needed to replace or upgrade equipment bought from its former ally the Soviet Union.
India has struggled to create indigenous manufacturing of high-tech weapons systems, and depends on imports in its efforts to catch up with the better-equipped Chinese armed forces.

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