A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
With its latest budgetary earmark announced on February 1, India’s defense establishment can expect another year of limited military modernization. The FY25-26 allocation is set at INR6.81 trillion ($77.8 billion), …
India’s Defense Budget Rise Insufficient to Meet Strategic Requirements Read More
Back on April 14, the International Monetary Fund announced the expected when it noted that the global economy is in a tailspin as entire economies are brought to a standstill …
For These Two Countries, the Strategic Calculus in the Indian Ocean Region Remains Unchanged Read More
Confronting an unfavorable fiscal picture unlikely to change in the short term, the Indian Navy is shrinking its procurement ambitions as it re-scopes future force goals. According to senior officials, …
Budgetary Pressures Induce Indian Navy Rethink Read More