India remains world's top arms importer with 11% of the total global imports in 2018-2022

India remains the world's largest arms importer, with Russia, France & US as the biggest suppliers. India accounts for 11% of the total global imports in 2018-2022 despite the government’s continuing thrust on “Make in India” in defence production. This is according to the latest data on international arms transfers released by the Stockholm International Peace Research Institute (SIPRI). Report shows Russia remains the largest weapons supplier to India with 45% of the total imports in the 2018-2022 timeframe, though its share is declining. France accounts for 29%, displacing the US from the second position by riding on deals like the Rs 59,000 crore one for 36 Rafale fighters. US, in turn, notched up 11% of the total weapon sales to India. India is followed by Saudi Arabia (9.6%), Qatar (6.4%), Australia (4.7%), China (4.6%), Egypt (4.5%), South Korea (3.7%) and Pakistan (3.7%) among the top 10 arms importers. As per SIPRI data, India has been the world’s largest arms importer since 1993.This underlines India’s persisting failure to build a strong defence-industrial base.

#India #Arms #defence

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