Journal of Defense Management
Open Access

Abstract

Defense Import and External Sector of India

Alphonsa Kurian and Justine George

Non-availability of exact data may be the reason pertaining to the absence of heated discussions with regards to the import of defense equipments in India in relation to the external sector unlike the case of Petroleum, Oil and Lubricant (POL) and Gold imports. The analysis confirmed that arms import owes a great impact on lifting import payments, thereby generating more needs for foreign exchange.