12th five year plan - Latest Indian Defence News, Indian Army News, Indian Navy News, Indian Air Force News

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Latest Indian Defence News

DRDO Seeks $35 Billion Allocation for Five Years

India's lone state-owned Defence research and development agency has sought about $35 billion from the government for the five-year period till 2017 to ensure its armed forces get modern, latest weapons and military systems from its stable. Defence Ministry sources said that the Defence Research and Development Organisation (DRDO) has asked for the amount under the 12th Plan period from 2012-17 as it wants to diversify its research and development activities and contribute for the Indian armed forces' battle readiness. Read More...

Indian Army Expects $200 Billion to Meet Needs over Next Five Years

The Indian Army has made an interesting pitch to get about $200 billion over the next five years to fulfill its needs for new weapons, equipment and force levels by 2017. Under its 12th Five-Year Plan pitch, the 1.13-million-strong Indian Army has sought the amount to from the government to improve its combat ratio against both China and Pakistan, apart from upgrade military infrastructure along the borders with these two traditional rival nations and to ensure its troops have the best of battle equipment and plugging of gaps in critical fighting arms. Read More...

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