Why the world is wooing India? It’s defense deals, stupid!

panorama.am - 7/6/2014

So, what is happening? Why have leaders from three P5 nations chosen to visit New Delhi in such a short space of time? Is there a common thread in their India visits? Well, here is one word answer: business. No, it is not business in the sense of trade and investment. It is much more lucrative than that. It pertains to defense deals which are generally big-ticket and tend to go into billions of dollars.

See the full article at panorama.am