India is the world’s largest importer of major arms in the last five years and its overseas procurement is far greater than that of China and Pakistan.
According to the latest report of the Stockholm International Peace Research Institute (SIPRI), India accounted for 13 percent of the total global arms import between 2012–16 which is highest among all the countries.
Saudi Arabia was the second largest arms importer in 2012-16, with an increase of 212 percent compared with 2007–11. Arms imports by Qatar went up by 245 percent.
According to the report, Russia accounted for a 23 percent share of global exports in the period 2012–16 and 70 percent of its arms exports went to India, Vietnam, China and Algeria.
SIPRI/ Stockholm International Peace Research Institute: Know More- Formation: 6 May 1966
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- Website: www.sipri.org