In a recent article by the Wall Street Journal, it mentions that India wants to increase its defense spending, especially technology from foreign companies. The article mentions that "on foreign direct investment in the defense sector, the Department of Industrial Policy and Promotion recommends tripling India’s FDI cap to 74% (from 26%) if India wants to attract state of the art technology in defense." it also mentions that ". India is the 10th largest defense spender in the world, having spent $30 billion in 2008 but imports the majority of its arms because its three major defense equipment manufacturers – Hindustan Aeronautics Ltd., Bharat Electronics Ltd., and Mazagon Dock Ltd. – cannot match the country’s defense demands...and [India's current military states] only 15% of the equipment can be described as ’state-of-the-art’ and nearly 50% is suffering from obsolescence."
I believe India is making the right choice in looking for more foreign investment into its military. This could really help the United States too because India will probably be looking into our technology which will help American jobs. In order to be a superpower, you must be able to have a strong defense (my last article mentions how China is expanding its military).
There are some negatives for India in this as well. It is clear that India is making leaps and bounds, but, it appears their own defense companies cannot keep pace with the rest of improvements India is making in the economy. The United States, China, and even other countries such as Russia, are not dependent on foreign military technology for their own defense. In my opinion, this shows that as India looks for top military technology (instead of their own) they are becoming a powerful nation in the world, but, they are not quite a superpower yet because, they are dependent on other nations for a quality military instead of using their own technology. The United States would prefer a strong India. Although we do have to work with China, America is more comfortable when we work with democracies, so America would be more comfortable with India "spreading its sphere of influence" in Asia over China, and for India to be able to do that, they have to become a superpower.
Sources:
Wall Street Journal: http://blogs.wsj.com/indiarealtime/2010/05/18/will-defense-ministry-increase-the-fdi-limit/
Image: http://s.wsj.net/public/resources/images/OB-IN476_idefen_D_20100518090707.jpg
Note: Article written for school project.
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