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.
- 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.
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