India is world's largest arms importer: SIPRI
PTI India was the world's largest importer of major arms in the last five years and its overseas procurement was far greater than that of China and Pakistan, a Stockholm-based think-tank said today. As per the latest report of the Stockholm International Peace Research Institute (SIPRI), India accounted for 13% of the total global arms import between 2012-16 which is highest among all the countries.The report said while China was increasingly able to substitute arms imports with indigenous products, India remained dependent on weapons technology from Russia, the US, Europe, Israel and South Korea."India was the world's largest importer of major arms in 2012-16, accounting for 13% of the global total," the leading think-tank said.It said India increased its arms imports by 43% ...
India - Largest arms importer in 2014
Russiathe second largest arms exporter with total delivery agreements worth $10.1 billion was the biggest source for Indian weapon imports The Dollar Business Bureau Between 2007 and 2014, Saudi Arabia remained the top arms buyer, with the total shipment worth $86.6 billionp> India was the worlds largest arms purchaser in 2014 with total import agreements worth $5.5 billion, according to a US-based think tank. Other top importers Saudi Arabia and Iraq followed closely with their respective arms imports value at $4.2 billion and $3.4 billion, said the report of Congressional Research Service (CRS), an agency which provides policy and analysis services to the US Congress. The report based on the arms export-import deals signed between 2007 and 2014 said that during 2014, the US ...
