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Originally Posted by Balkan-MiG
They will be able to pull this off even with the crisis? Interesting.
Its such a shame that India isnt as good with its economy..
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At the moment the Indian economy is still growing, not as fast as it was but it is in the +ive. This is no real surprise, as a nation they've been having to buy second hand gear for a while, but they are in the range to start doing this for themselves. It fits with their domestic policy of job development through inward investment and supports their foreign policy to make India the major player in the region.
The question is how does this affect stability in the region? Not too much at the moment, but it shows that India wants to be a major player and recognised as such, couple this with their satellite programme and here is a world power knocking on the door.