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Why Global Buyers Are Abandoning Russia’s Arms Industry?
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Why Global Buyers Are Abandoning Russia’s Arms Industry?
“While 65-70% of defence equipment was imported a decade ago, today almost the same percentage of weapons/platforms are being manufactured on Indian soil,” Defence Minister Rajnath Singh said at Aero India 2025. Historically, India, the fourth largest military spender, was a significant buyer of Russian arms. However, the country has drastically reduced its purchases from Moscow. Between 2009 and 2013, over 70% of India’s arms imports came from…
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