India: Path To Become A Defence Exporter

As per the latest Stockholm International Peace Research Institute (SIPRI) report, our country is the world’s largest importer of major weapons between 2013 and 2017. Further, India’s imports have increased by 24 percent over the last 10 years. It’s interesting to note that defence equipment imports of China and Pakistan have reduced considerably during the same period.

India is currently importing 12 per cent of the global weapons. On the other hand, China is exporting weapons to Pakistan, Bangladesh, Srilanka, Maldives, Myanmar, Laos, Cambodia and a number of African as also limited items to West Asian countries. Pakistan’s arms imports decreased by 36 per cent between 2008-12 and 2013-17. China’s arms imports fell by 19 per cent between 2008-12 and 2013-17, yet was the fifth largest arms importer in 2013-17. By far, Russia remained India’s largest supplier of arms in 2013-2017.

Russian arms were 62 percent of India’s imports. It’s pertinent to note that imports from the US increased by 557 per cent between 2008-12 and 2013-17. The US is now India’s second largest arms supplier. The US remained the biggest arms seller in the world, accounting for 34 per cent of global arms exports. Its exports increased by 25 per cent between 2008-12 and 2013-17. US arms exports in 2013-17 were 58 per cent higher than those of Russia—the second largest arms exporter in that period. Read More…

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