Wednesday, January 28, 2015
India is the world's largest arms importer and its primary suppliers are Russia and the United States. Although the two suppliers largely sell their weapons to different customers globally, Russian efforts to expand to new markets to compensate for declining sales to traditional partners will lead to increased competition with the United States in many parts of the world.
- The most likely new markets for Russian arms sales include South America, South-east Asia, Egypt and Pakistan.
- Russian competition with the United States in arms sales will be limited to a small number of countries.
- Defence firms offering technology transfers will have an edge in the Indian market.