India to Spend US$35 Billion on Military Aviation by 2030

India will be spending a massive $35 billion on military aviation over the next 20-25 years for the simple reason that most of the existing aircraft need replacement sooner or later – and there is also a requirement for more aircraft with newer technology.

According to a study done by the writers and published in the latest issue of the India Strategic defence magazine, except for the SU-30MKI, all the fighter and transport aircraft of the Indian Air Force (IAF), be it the MiG-21, 23, 25, 27 and 29, or Jaguars or Mirage 2000, or IL-76 heavy transport and AN-32 medium transports, were contracted for acquisition during the time Indira Gandhi or her son Rajiv Gandhi was prime minister.

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