Russia's share of arms import to India fell from 69% in 2012-17 to 46% in 2017-21: Report
The Hindu
In contrast, India's arms imports from France increased more than tenfold, making it India's second largest arms supplier in 2017–21, it stated
Russia's share of arm imports to India fell from 69% in 2012-17 to 46% in 2017-21, according to a report released on Monday by Stockholm-based defence think-tank SIPRI.
Russia started a war against Ukraine on February 24, which led the U.S. and other western countries to impose extremely harsh economic sanctions on the country.
"Between 2012–16 and 2017–21 Indian arms imports decreased by 21%. Despite this, India was the world's largest importer of major arms in 2017–21 and accounted for 11 per cent of total global arms imports in the period," the report noted.
Russia was the largest supplier of major arms to India in both 2012–16 and 2017–21, but India's imports of Russian arms dropped by 47% between the two periods as several large programmes for Russian arms wound down, said the report by the Stockholm International Peace Research Institute (SIPRI).
This, combined with India's increased efforts to diversify its arms supplier base, meant that Russia's share of total Indian arms imports fell from 69% to 46%, it mentioned.
In contrast, India's arms imports from France increased more than tenfold, making it India's second largest arms supplier in 2017–21, it stated.
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