Updated By: LatestGKGS Desk
India is the second largest importer of weapons in the world between 2014 to 2018, as per the annual report ‘Trends in International Arms Transfers-2018’released on 11th March 2019 by the think tank Stockholm International Peace Research Institute (SIPRI), the leading Stockholm-based think tank that measures weapons imports over five-year periods.
Saudi Arabia topped the global share of arms imports between 2014 and 2018, and accounted for 12% of the global share of arms imports in that period, followed by India in second place with a 9.5% share.
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 because of delays in deliveries of fighter jets and submarines produced under licence from Russian and French original equipment manufacturers.
India’s top arms supplier, Russia, accounted for 58% of India’s arms imports during the last 5 years, compared to 76% in the previous five-year period.
US, Israel, and France increased their arms exports to India in 2014-18.
G20 Anti-Corruption Working Group 10th Global Meeting Detail...
UAE & Saudi Arabian central banks launch common digital ...
Daily GK GS Current Affairs Tuesday, 8th January 2019 1.&nb...
India and Saudi Arabia Sign Bilateral Annual Haj 2019 Agreem...
New Tool to Absorb water from the air process, features, usa...
Adnoc signed a memorandum of understanding with ISPRL f...
Daily GK Questions 25th October 2018 General Knowledge, Curr...
GK Questions of the Day 26th September 2018 Daily Current Af...
GK Questions of the Day 23rd September 2018 Daily Current Af...
Latest Daily Current Affairs GK GS Bulletins 1. Saudi ...
Saudi Arabia to join China-Pakistan Economic Corridor 'CPEC'...
Actor Akshay Kumar's 'Gold' movie becomes first Bollywood fi...
» UAE & Saudi Arabian central banks launch common digital currency 'Aber'
» Daily Current Affairs 8th January 2019 GK GS Bulletins
» India and Saudi Arabia Sign Bilateral Annual Haj 2019 Agreement
» India extends ban tenure for importing milk products from China for 4 months
» Agriculture Export Policy-2018 to double agricultural exports: Details, Features
» Government hikes custom duty on 19 items including ACs, refrigerators
Privacy Policy | Twitter | RSS