India’s arms imports fell 33% between 2011-15 and 2016-20, said a report released by the Stockholm International Peace Research Institute (Sipri). The report on international arms transfers attributed the drop in India’s arms imports mainly to an attempt to reduce its dependence on Russian arms and complex procurement processes. Russia was the most affected supplier, although India’s imports of US arms also fell by 46%.
India’s top three arms suppliers during 2016-20 were Russia (accounting for 49% of India’s imports), France (18%) and Israel (13%), the report. Myanmar, Sri Lanka and Mauritius were the top recipients of Indian military hardware, the report.
According to Sipri, 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 228% over India’s export share of 0.1 % during the previous five-year period of 2011-15.
Important takeaways for all competitive exams:
- Sipri Headquarters: Oslo, Norway.
- Sipri Founded: 6 May 1966.
- Sipri Director: Dan Smith.