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% ...
USA eyes a bigger pie in Indias defence imports
Sai Nikesh D | The Dollar Business Defence and nuclear partnerships are likely to be the central points in Modi-Obama talks later this month While Russia is by far the largest supplier of arms to India, accounting for around 70% of India’s total arms imports, USA is keen to expand its presence as a prominent arms exporter to India which is the world’s largest arms importer. India, with its third largest armed forces in the world, is largely dependent on imports in the defence sector and 60% of its defence requirements is currently met by imports. According to the Stockholm International Peace Research Institute (SIPRI), USA climbed to the second position next to Russia in arms exports to India in ...
