India’s arms imports down by 33%, says SIPRI report.

India’s arms imports down by 33%, says SIPRI report.

Question- Which of the following is the 2nd largest arms importer in 2016-20?
(a) India
(b) Saudi Arabia
(c) Australia
(d) China
Ans. (a)
Related Facts-

About SIPRI-

  • SIPRI is an independent international institute dedicated to research into conflict, armaments, arms conflict, and disarmament. Established in 1966, SIPRI provides data, analysis and recommendations, based on open sources, to policymakers, researchers, media and the interested public. Based in Stockholm, SIPRI is regularly ranked among the most respected think tanks worldwide.
  • According to the Stockholm International Peace Research Institute (SIPRI) report released on 15th March 2021, the five largest arms exporters in 2016-20 were the U.S, Russia, France, Germany and China, while the top importers were Saudi Arabia, India, Egypt, Australia and China.
  • India’s arms imports fell 33 % between 2011-15 and 2016-20 said the report.
  • India’s top three arms suppliers during 2016-20 were Russia (accounting for 49% of India’s imports), France (18%) and Israel (13%), the report said.
  • According to SIPRI, India accounted for 0.2% of the share of global arms exports during 2016-20, making the country the world’s 24th largest exporter of major arms.
  • Myanmar, Sri Lanka and Mauritius were the top recipients of Indian military hardware, according to the report.

By- Yogesh Pratap Singh

Reference- https://www.sipri.org/media/press-release/2021/international-arms-transfers-level-after-years-sharp-growth-middle-eastern-arms-imports-grow-most.