Elaborating on the reason behind the high import the report attributes India’s tensions with Pakistan and China as the reasons largely driving its demand for arms imports.
Washington rolled back a 25 percent duty on Indian exports in February as part of an interim trade deal after what it described as New Delhi's "commitment" to stop buying Russian oil.
The Strait of Hormuz carries 85% of India’s LPG, 55% of LNG and about 50% of crude imports over the past five years, making it a critical energy lifeline.
Golani spoke to TNIE on a wide range of issues, including lessons from the recent conflict, fighter acquisitions, indigenous capability development and India’s push for aero-engine self-reliance.
