SIPRI report on arms import and export

  • According to a recent report by Stockholm International Peace Research Institute (SIPRI) India’s arms imports came down by a third (about 33%) between 2011-2015 and 2016-2020.
IMPORTS
  • India remains the second highest importer, behind Saudi Arabia.
  • Russia is the largest arms supplier to India in both periods (2011-2015 and 2016-2020). 
  • However, Russia’s share of Indian arms imports fell from 70% to 49%.
  • India’s arms imports from France increased by 709%.

EXPORTS

  • The top five global arms exporters were the US, Russia, France, Germany and China in 2016-2020.
  • India accounted for 0.2% of the share of global arms exports during 2016-20, making the country the world’s 24th largest exporter of major arms.
  • This represents an increase of more than 200% over India’s export share (0.1%) during the previous five-year period of 2011-15.
  • Myanmar, Sri Lanka and Mauritius were the top recipients of Indian military hardware.

SIPRI

  • Formation: 6 May 1966.
  • Headquarters: Solna, Stockholm, Sweden.
  • Chair: Jan Eliasson.
  • Director: Dan Smith.

 

Comments

Popular posts from this blog

G7 global corporate Tax Deal

Ebrahim Raisi to be the president of Iran

Ordinance for setting up commission to manage NCR air quality