India becomes the 2nd largest arms buyer in the world

India becomes the 2nd largest arms buyer in the world

India is the second largest arms buyer among developing nations, and the claim looked vindicated on Wednesday when outgoing Indian Air Force chief Arup Raha said the country needed 200 Rafale-type war planes instead of the 36 the country had purchased from France.

Pakistan raises concerns at UN of growing Indian conventional arms

“Saudi Arabia was the leading developing world arms purchaser from 2008-2015, with agreements totalling USD 93.5 billion. India was the second largest developing world arms purchaser from 2008 to 2015, making arms transfer agreements totaling USD 34 billion during these years [in current dollars],” the report prepared by the Congressional Research Service was quoted by Press Trust of India as saying.

Indian Missile Tests: Is it beginnig of yet another arms race in South Asia

Titled ‘Conventional Arms Transfers to Developing Nations 2008-2015’, the CRS report reflects the military modernisation efforts by India. CRS reports are not considered official reports of the US Congress.