India was the fourth largest military spender globally in 2023. At $83.6 billion, its military expenditure was 4.2 per cent higher than in 2022.
For the first time, India will post defence attaches in several countries including Ethiopia, Mozambique, Ivory Coast, Philippines, Armenia and Poland in line with its broader policy initiative to expand strategic ties with key regions, a move that comes amid renewed geopolitical rivalries.
China, the second-largest military spender after the US, has hiked its defence budget from last year''s 177.6 billion to USD 179 billion, nearly three times that of India, the lowest increment in recent years apparently due to the heavy disruption caused to its economy by the COVID-19, according to the official media.
New Delhi,Dec 10: The Indian Military is facing a shortage of around 13,000 officers and 53,700 personnel below officer rank with the Army accounting for bulk of vacancies, defence minister A K Antony said. In
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