India 2nd largest importer of major arms in world: SIPRI report

India 2nd largest importer of major arms in world: SIPRI report
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India was the world’s second largest importer of major arms in 2014-18 and accounted for 9.5 per cent of the global total. 

India has been among the top five arms importers in the world for decades. 

A Sweden-based think tank Stockholm International Peace Research Institute (SIPRI) released the data in their annual report titled ‘Trends in International Arms Transfers-2018’. The assessment was done for a five-year period (2014-2018). Russia accounted for 58 per cent of Indian arms imports in 2014–18, compared with 76 per cent in 2009–13. 

Israel, US and France all increased their arms exports to India in 2014-18. 

For the period 2013-2017, India accounted for 13 per cent of all imports and was the world’s largest importer.

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