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June 29, 2020

India and Japan conduct naval exercise amid tensions with China

The Indian and Japanese navies have reportedly conducted an exercise in the Indian Ocean amidst ongoing India-China border tensions in Ladakh.

The Indian and Japanese navies have reportedly conducted an exercise in the Indian Ocean amidst ongoing India-China border tensions in Ladakh.

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South Korea’s defense budget is currently valued at $48.3 billion after experiencing impressive and robust annual growth of 10.5% in 2022. Over the forecast period, South Korean defense expenditure is anticipated to register a strong CAGR of 6.3% over 2023-27 and reach $66.2 billion by 2027. The country’s acquisition budget, which includes research and development (R&D) funding, is also anticipated to register significant growth, projected to reach $21.6 billion in 2027, seeing significant rise from the anticipated $17 billion in 2023. South Korean defense spending is continuing to be fueled by the country’s hostile relationship with North Korea, coupled with the need to develop its own domestic industry. If you want to strategize successfully off this growing market, it is important to be fully informed. This report’s key findings include:
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Rajput-class destroyer INS Rana and Kora-class missile corvette INS Kulish of the Indian Navy participated in the ‘goodwill training’ exercise.

The Japanese vessels are JS Shimayuki and JS Kashima. They belong to the country’s Maritime Self-Defence Force’s training squadron.

Japanese embassy in New Delhi spokesperson Toshihide Ando was quoted by Hindustan Times as saying: “The content of this exercise is tactical training and communications training with no specific scenario.”

According to undisclosed sources, the passing exercise (PASSEX) is considered a significant strategic signalling for China.

National Maritime Foundation director-general vice-admiral Pradeep Chauhan was quoted by the publication as saying: “We need to be proximate with our friends and the Chinese know there is a direct ladder of escalation between Japan and the United States.”

In the last three years, the Indian and Japanese navies have conducted 15 of these training exercises.

Since 2015, Japan has also been regularly taking part in naval drills between India and the US.

The bilateral exercise Malabar began in 1992 in the Indian Ocean. Last year, it was held in Sasebo in September.

In 2018, India and Japan launched an annual joint land military exercise called Dharma Guardian.

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Free Report
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What is driving and impacting South Korea’s Defense Market?

South Korea’s defense budget is currently valued at $48.3 billion after experiencing impressive and robust annual growth of 10.5% in 2022. Over the forecast period, South Korean defense expenditure is anticipated to register a strong CAGR of 6.3% over 2023-27 and reach $66.2 billion by 2027. The country’s acquisition budget, which includes research and development (R&D) funding, is also anticipated to register significant growth, projected to reach $21.6 billion in 2027, seeing significant rise from the anticipated $17 billion in 2023. South Korean defense spending is continuing to be fueled by the country’s hostile relationship with North Korea, coupled with the need to develop its own domestic industry. If you want to strategize successfully off this growing market, it is important to be fully informed. This report’s key findings include:
  • Details on the defense budget
  • Drivers of defense spending
  • Key trends impacting the market
Download the full report so you can formulate winning strategies for the road ahead.
by GlobalData
Enter your details here to receive your free Report.

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