India placed orders worth Rs 83,858 crore for military purchases from 2011 to 2014

India have spent big from the 2011 fiscal year to the last fiscal year on the Army, Air Force and Navy for procuring arms, weapons and other defence-related systems. Defence minister Manohar Parrikar said the three services have placed orders worth Rs 83,858 crore. During this period, India's own defence sector earned Rs 69 crore by export of military hardware.

See the full article at The Times Of India