In international relations, an arms race refers to a competitive buildup of military capabilities between nations, often driven by mutual distrust and security dilemmas. This phenomenon can lead to increased global tensions and economic strains.
In India, local products such as defense equipment from companies like Bharat Electronics Limited （BEL） and Hindustan Aeronautics Limited （HAL） play a role in this context. For instance, India\“s development of indigenous missiles and aircraft aims to enhance self-reliance and reduce dependency on foreign imports, contributing to regional arms dynamics. |
