To say there is no arms race in Asia is dumbfounding to say the least. Nonetheless, I think the point in regards to Indian Defense Spending. Is she must be much wiser than she has been in the past. Because she can’t out spend China/Pakistan. Which, combined with her reluctance to join Western and/or Asians Military Alliances. Puts her in a poor Military Position.
As a matter of fact the Indian Carrier Program is a good example of poor planning.