Latest Global Defence Trends News & Updates

Washington, April 9 (IANS) The move by India to expand its domestic defence manufacturing could strengthen economic growth, the International Monetary Fund said, noting that higher military spending can lift output when it supports local industry.“Defence buildups can boost economic activity in the short term—lifting consumption and investment,” the IMF said in its latest analysis of global defence trends.The report comes as defence spending rises worldwide amid growing geopolitical tensio…