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