Report By Stockholm International Peace Research Institute (SIPRI):
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 Specific Findings:
- India remains the second-highest importer, only 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%.
- France and Israel were the second and third largest arms suppliers in 2016–20. India’s arms imports from France increased by 709% while those from Israel rose by 82%.
- The USA became the fourth largest supplier for the period 2016-20.
- It was the second-largest arms supplier to India in 2011–15.
- 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.