India becoming world’s largest arms importer

With the world's largest arms importer on a buying spree, global vendors are lining up their products. At the recently conducted Defence Expo 2012, New Delhi saw global defence giants competing with each other in search of a deal. The seventh edition of Asia's biggest Land and Naval Defence. Systems exhibition saw 580 exhibitors from over 30 countries showcasing their technological dexterity. Besides selling weapons, the Israel based company has agreed to develop and manufacture defense products locally in collaboration with an Indian private company.