India Remains World’s Largest Arms Importer: SIPRI Report
The Stockholm International Peace Research Institute (SIPRI) report reveals that India remains the world’s top arms importer, holding 9.8% of global arms sales. Russia, France, and the US are the leading suppliers to India, contributing to 36%, 33%, and 13% of India’s arms imports, respectively. Despite a slight decline in imports from 11% (2018-22) to 9.8% (2019-23) of global sales, India’s significant arms importation reflects its strategic vulnerabilities and efforts towards building a defense-industrial base, yet it’s not among the top 25 arms exporters.
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