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India military spending and China border tensions 2026
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FIRST ENTRY OCT 29
OCT 29 · Day 1
India approves $22 billion in military spending amid China border tensions
A spokesperson for India's foreign ministry said the situation in the India-China border areas gets disturbed from time to time when Chinese forces diverge from established patrolling patterns.
The approved spending covers long-range kamikaze drones, surveillance and strike systems, counter-drone technologies, short-range air defense, artillery, helicopters and naval platforms.
The 6.73 trillion rupee worth of approvals in the financial year ended March 2026 was a 10-year high, according to Citi.