Stockholm International Peace Research Institute (SIPRI) report on Arms imports
Part of: GS Prelims and GS-III Defence and security
In news
Report from Swedish think tank Stockholm International Peace Research Institute (SIPRI) on arms imports was released.
According to it, Arms imports decreased by 33% between 2011–15 and 2016–20.
India continues to remain the second largest arms importer after Saudi Arabia.
Key takeaways
The overall drop in arms imports between 2011–15 and 2016–20 was due to complex and lengthy procurement processes, combined with attempts to reduce its dependence on Russian arms by diversifying its network of arms suppliers.
Russia was the largest arms supplier in both years
Russia’s deliveries have dropped by 53% between the two periods and its share of Indian arms imports fell from 70 to 49%.
France and Israel were the second and third largest arms suppliers in 2016–20.
India’s arms imports from France increased by 70% while those from Israel rose by 82%.
The U.S. was the fourth largest supplier in 2016–20.
India accounted for 9.5% of the total global arms imports during 2016-2020
Combat aircraft and associated missiles made up more than 50% of arms imports.
