If it takes priority and the GoI is able to curtail certain domestic expenses, this could double. The amount if maintained at the same level for a couple of years and packaged well (processing towards actual bottlenecks) could provide a shot in the arm for the forces.
Kotak estimates that India would need to increase annual defence research spending by nearly $5 billion if it wants to achieve its stated target of allocating 10% of the defence budget towards research and development.
International business:Focus on Africa.South Africa as one of the hubs for future expansion.Bases in Zambia, Tanzania, Zimbabwe, Nigeria,Ghana. Turkey strong base, Kazakhstan, Malaysia, Australia will start soon.
Bhargavastra development in final stages. Should be able to complete all the trials in this calendar year.
Solar has orders worth 18000 crore from defense sector. Biggest order is Pinaka. More orders for Pinaka in discussion phase.