India’s arms imports decreased by 33% between 2011–15 and 2016–20: SIPRI
The Hindu
Arms imports decreased by 33% between 2011–15 and 2016–20 while India continues to remain the second largest arms importer after Saudi Arabia, according to a report from Swedish think tank Stockholm International Peace Research Institute (SIPRI).
Also read: ₹70,221 crore reserved in defence budget for domestic procurement, says Rajnath Singh “The overall drop in arms imports between 2011–15 and 2016–20 seems to be mainly due to its complex and lengthy procurement processes, combined with its attempts to reduce its dependence on Russian arms by diversifying its network of arms suppliers,” the report released on Monday said.
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