Pavan Srinath at Pragati, has a great infographic on India's defense spending.
The good news is that Indian defense spending is at around 2% of GDP, trending down as a fraction of GDP, and yet rising. The bad news is that the money doesn't seem to be spent effectively.
The good news is that Indian defense spending is at around 2% of GDP, trending down as a fraction of GDP, and yet rising. The bad news is that the money doesn't seem to be spent effectively.