India is the largest importer of arms in the world :SIPRI
India is the largest importer of arms in the world accounting for over 11% of the world arms import during 2017-21 ,according to the Stockholm International Peace Research Institute (SIPRI). These finding were published in the SIPRI’S “Trends in International Arms Transfers 2021”
Highlights of the SIPRI report
India’s arms imports have decreased by 21 percent between 2012-16 and 2017-21,but it still remains as the largest importer globally.
The five largest arms importers in the 2017-21 period were India, Saudi Arabia, Egypt, Australia, and China.
These five countries accounted for nearly 38 % of the world's arms import during this period.
Russia was India’s largest supplier of arms in both 2012-16 and 2017-21. However, the volume of India’s imports from Russia fell by 47 per cent between these two periods.
France is the second largest supplier of arms to India after Russia.
The five biggest exporters of arms in the same period were the United States, Russia, France, China, and Germany.
They accounted for around 77% of the world arms export during 2017-21.
As for exports, the US remained the world’s biggest weapons supplier accounting for 39 per cent of the total.
Russia is the second-largest exporter, but their trade has fallen by 26 per cent.
Meanwhile, the largest arms importers in Europe are the UK, Norway, and the Netherlands.
In 2017-21, China accounted for 4.6 per cent of global arms exports, a 31 per cent drop from its exports share in 2012-16. However, 47 per cent of China’s exports during 2017-21 went to Pakistan.
Stockholm International Peace Research Institute (SIPRI)
SIPRI is an independent international institute dedicated to research into conflict, armaments, arms control and disarmament. It is funded mainly by the Swedish Government .
Established in 1966,
Headquarters : Solna, Sweden
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