The Stockholm International Peace Research Institute (SIPRI) has released its latest report on Trends in International Arms Transfer, 2021. As per the report, India and Saudi Arabia emerged as the largest importers of arms between 2017-21. Both two countries accounted for 11% of all global arms sales. Egypt (5.7%), Australia (5.4%) and China (4.8%) were the next three largest importers respectively in the top 5.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The report placed India at the top of the list. 85% of India’s overall imports were from three countries. Russia (46%), France (27%), and the USA (12%) were the top three largest exporters of arms to India during the period.
Largest Arms Exporters in 2017-21
India is moving fast towards clean and green energy. Solar power is one of the…
India’s first Petroglyph Conservation Park is set to be developed at the Sindhu Ghat in…
The basketball world mourns the loss of Oscar Schmidt who was one of the greatest…
India has made great progress in space science, but every big journey begins with a…
To boost the strategic cooperation in defense India and Russia have operationalized the Reciprocal Exchange…
Blue Origin successfully landed the reused booster of its New Glenn rocket for the first…