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U.S. defense manufacturers may compete for business in India’s expanding defense market. The spending also concerns a region where India and China have border tensions, but the article gives no further detail on those tensions.
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India has approved $22 billion in military spending amid tensions along its border with China, according to CNBC. The expansion could create opportunities for U.S. defense manufacturers, though the article does not identify specific contracts.
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U.S. defense manufacturers may compete for business in India’s expanding defense market. The spending also concerns a region where India and China have border tensions, but the article gives no further detail on those tensions.