India's planned purchase of 126 fighters from France's Dassault marks the latest stage in a huge military procurement cycle that has turned the world's largest democracy into its biggest arms importer.
The final Dassault contract is expected to be worth $12 billion and India is preparing further big ticket purchases over the coming years, including of helicopters and artillery.
In a report to be published next week, Jane's Defence Weekly forecasts that India's aggregate defence procurement
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