After 10 years, India no longer world’s top weapons importer

India is no longer the world’s largest importer of weapons, a position it held for over a decade, with Saudi Arabia topping the global share of arms imports between 2014 and 2018, a leading Stockholm-based think tank that measures weapons imports over five-year periods said in a new report on Monday.

Saudi Arabia accounted for 12% of the global share of arms imports in that period, followed by India in second place with a 9.5% share, reveals the new data published by the Stockholm International Peace Research Institute (Sipri). With imports pegged at 4.2% of the global share, China is the world’s sixth-largest buyer of weapons.

Indian arms imports fell 24% between 2009-13 and 2014-18, the report said, adding that this was partly because of delays in deliveries of fighter jets and submarines produced under licence from Russian and French original equipment manufacturers. Read More

You may also read!

SCO Foreign Ministers meeting: Fighting terrorism and security of Afghanistan to be the focus

India will raise issues relating to terrorism, the situation in Afghanistan, rising radicalism in Central Asian countries and the


Lanka for global intelligence sharing to end terror

Sri Lankan President Maithripala Sirisena has called on countries to join hands in sharing intelligence to deal with international


Air Asia India eyes corporate clients, foreign flights

Seeking long-term travel commitment, Tata Group joint venture Air Asia India plans to tie up with about 200 companies


Leave a reply:

Your email address will not be published.

Mobile Sliding Menu