china and india defense budget comparison

India’s Defense Budget 2023-24: An Overview and Comparison with Other Countries

The Indian Defense Budget for 2023-24 was recently announced and it allocated a total of Rs. 5.94 lakh crore (approx. $71.1 billion) for the financial year. This budget represents a significant increase from the previous year's allocation, which stood at Rs. 4.78 lakh crore (approx. $65 billion). Comparison of India's Defence Budget with Other Major Defence Spending Countries