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

Hamas V. PLO

G7 global corporate Tax Deal

The statue of Swami Vivekananda at the JNU campus