I think that this is probably an apt comparison between military buildup of the two countries in this region. Indians are piling manpower/Jugaad solutions/token acquisitions of foreign equipment whereas China has probably spent the equivalent, in dollar terms, just to resettle Tibetan herders into poverty alleviation villages. It will be unfair to compare how much China has spent for military buildup in the region.
According to the host of a Chinese military show, a conservative estimate of the cost of SAMs fired for the latest episode involving a Chinese military
academy (live firing presumably a requisite before requirement) is above 400,000,000 yuan, or 61,818,080 USD as per latest conversion ratio. I do not think that India could match this even if they had China's economy because most of their military equipment (or at least functional ones) are acquired from abroad. I'm of the opinion that frequent live-firing is needed not only to keep the troops sharp, but find potential defects and shortcomings with existing weapons systems. Go figure.
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