India's spending on defence research continues to be sluggish over the last five years and accounts for less than one per cent of the country's gross domestic product (GDP).
The findings are a part of the Standing Committee Report on Demands for Grants for Defence Research and Development Organisation that was presented in the parliament on Wednesday.
South Korea's defence budget for 2022 has been finalised at KRW54.61 trillion (USD46.32 billion), the Ministry of National Defense (MND) in Seoul announced. Janes Defence Budgets forecasts relatively strong growth in South Korea's total defe.
Japan lines up defence policy review janes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from janes.com Daily Mail and Mail on Sunday newspapers.
Taiwan proposes USD8.6 billion for defence 'special' fund janes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from janes.com Daily Mail and Mail on Sunday newspapers.