India second-largest arms importer after Ukraine.

Tags: Reports

Why in the news?

• India was the second-largest arms importer, though the trade figures decreased by 9.3% between 2015-19 and 2020-24,according to data from theStockholm International Peace Research Institute (SIPRI).

Important points:

• The largest share of Indian arms imports (36%) came from Russia, a significant drop from the 55% in 2015-19 and 72% in 2010-14.
• Ukraine, involved in a war with Russia for the past four years, was the largest importer of major arms in the world in the 2020-24period, clocking a nearly hundredfold rise in imports compared with the figures for 2015-19.