BY : HEATHER TIMMONS and SOMINI SENGUPTA
India is developing a military appetite to match its growing economic power.
Over the next five years, military analysts expect the country to spend as much as $40 billion on weapons procurement alone, more than its entire annual armaments budget today — upgrading systems as diverse as jet fighters, artillery, submarines and tanks in its largely Soviet-era arsenal. As a result, India will become one of the largest military markets in the world.