While forecasts anticipate flat or declining topline defense budget trajectories among many countries stemming from COVID-19 relief measures, the same cannot be said for two peer rival states angling for strategic leverage in the Indian Ocean Region: China and India. Though defense-related spending may slow this year and possibly next, the investment paths in the two nations are unlikely to remain flat beyond 2021 as both continue to modernize their respective militaries.
The two nations each seek to assert economic and geopolitical influence and naval clout across the Indian Ocean Region (IOR), the world’s third-largest oceanic area. Economic slowdown and deficit concerns notwithstanding, each country’s strategic goals remain unchanged.
— Read on dsm.forecastinternational.com/wordpress/2020/04/28/for-these-two-countries-the-strategic-calculus-in-the-indian-ocean-region-remains-unchanged/