India firmly ruled out cut in defence spending despite economic downturn, as top aviation companies vying to secure the prized deal to supply 126 fighter aircraft to IAF, showcased their products at the 'Aero India 2009' which got off to a flying start in Bangalore on Wednesday.
Keeping in mind the country's security interests, the government will not slash defence expenditure despite economic recession, Defence Minister A K Antony said inaugurating the five-day biennial event in which 26 countries are participating.
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