Terror Attacks To Push Up Security Spending In India - Study

From INO.com:

MUMBAI (AFP)--The increased threat of extremist attacks in India is likely to see its security sector grow 12-fold within the next decade, pushing annual spending as high as $9.7 billion by 2016, analysts said.

India has been hit by repeated bombings this year and most recently saw 10 heavily-armed Islamist militants kill 163 people across the financial capital Mumbai, including at two luxury hotels and the main railway station.

Read more ....