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Akash surface-to-air missiles are displayed at the Defence Research and Development Organisation (DRDO) area during the DefExpo 20 in Lucknow, Uttar Pradesh in this file picture from 2020. (Bloomberg)

33% dip in India’s weapon imports: Sipri

By Rahul Singh, Hindustan Times, New Delhi
UPDATED ON MAR 16, 2021 06:30 AM IST
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. This represents an increase of 228% over India’s export share of 0.1% during the previous five-year period - 2011-15.
India’s military spending has grown significantly over the past decade, said the Sipri report.(Sanchit Khanna/HT Photo)
India’s military spending has grown significantly over the past decade, said the Sipri report.(Sanchit Khanna/HT Photo)

India third biggest military spender in 2019 after US, China: Sipri report

Hindustan Times, New Delhi | By Rahul Singh
UPDATED ON APR 27, 2020 01:25 PM IST
According to the report, global military expenditure stood at around $1,917 billion in 2019 - the highest in over three decades.
India was the world’s fourth biggest military spender last year behind the United States, China, and Saudi Arabia, according to new data think tank Stockholm International Peace Research Institute (SIPRI) released on Monday.(Representative Image/HT File Photo)
India was the world’s fourth biggest military spender last year behind the United States, China, and Saudi Arabia, according to new data think tank Stockholm International Peace Research Institute (SIPRI) released on Monday.(Representative Image/HT File Photo)

India was 4th biggest military spender last year

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON MAY 01, 2019 09:07 AM IST
According to the SIPRI data, China was the second-largest military spender last year. Beijing increased its military expenditure by 5% to $250 billion in 2018. It accounted for 14% of global military spending. In contrast, India’s military spending went up by 3.1% to $66.5 billion. India accounts for 3.7% of the global defence spending.
Saudi-Iran tensions, war in Yemen and hostilities between Qatar and a Saudi-led alliance have triggered a phenomenal increase in arms imports to West Asia, according to Stockholm-based arms trade monitor SIPRI.(AFP)
Saudi-Iran tensions, war in Yemen and hostilities between Qatar and a Saudi-led alliance have triggered a phenomenal increase in arms imports to West Asia, according to Stockholm-based arms trade monitor SIPRI.(AFP)

Tensions, conflicts fanning arms sales in West Asia: Monitor

New Delhi | By Nadim Siraj
PUBLISHED ON APR 05, 2019 05:04 PM IST
West Asia is the only region that witnessed a rise in arms imports in the 2014-2018 period while the numbers fell in the rest of the world.
India should quickly embark on the path to create a level playing field between defence public sector units and private companies(ANI)
India should quickly embark on the path to create a level playing field between defence public sector units and private companies(ANI)

Why China is doing well in defence manufacturing

Hindustan Times | By HT Correspondent
UPDATED ON MAR 12, 2019 06:30 PM IST
China’s success flows from its massive investment in research and development (R&D) — well over 2% of GDP now. Of late, it has also embraced private companies’ role in defence production
Image for representation purpose only(Bloomberg file photo)
Image for representation purpose only(Bloomberg file photo)

After 10 years, India no longer world’s top weapons importer

Hindustan Times, New Delhi | By Rahul Singh
UPDATED ON MAR 12, 2019 07:05 AM IST
India is no longer the world’s largest importer of weapons, a position it held for over a decade, with Saudi Arabia topping the global share of arms imports between 2014 and 2018.
The second Defence Industrial Corridor -- connecting Chennai, Hosur, Salem, Coimbatore and Tiruchirappalli -- was inaugurated on Sunday by defence minister Nirmala Sitharaman.(PTI)
The second Defence Industrial Corridor -- connecting Chennai, Hosur, Salem, Coimbatore and Tiruchirappalli -- was inaugurated on Sunday by defence minister Nirmala Sitharaman.(PTI)

Tamil Nadu Defence Industrial Corridor connecting 5 cities inaugurated

New Delhi | By HT Correspondent
UPDATED ON JAN 20, 2019 11:48 PM IST
The Corridors overlap with existing defence public sector companies, and aim to bolster defence manufacturing in India.
BrahMos missiles on display during the Republic Day parade(HT File)
BrahMos missiles on display during the Republic Day parade(HT File)

A large chunk of India’s defence budget goes towards staff salaries, not equipment

UPDATED ON MAY 03, 2018 05:55 PM IST
Reports on defence spending such as the one by SIPRI that names India in the list of the top five defence spenders in the world do not always present the complete picture
An Indian Air Force (IAF) Sukhoi fighter jet, developed by Sukhoi Aviation Holding Co., sits on the tarmac at the Kalaikunda Air Force Station, West Bengal, India.(Anindito Mukherjee/Bloomberg)
An Indian Air Force (IAF) Sukhoi fighter jet, developed by Sukhoi Aviation Holding Co., sits on the tarmac at the Kalaikunda Air Force Station, West Bengal, India.(Anindito Mukherjee/Bloomberg)

India among top five defence spenders in the world

Hindustan Times, New Delhi | By Rahul Singh and Rezaul H Laskar
UPDATED ON MAY 03, 2018 12:01 AM IST
New Delhi’s defense spending rose by 5.5% to $63.9 billion in 2017 and has now passed France, the Stockholm International Peace Research Institute said in a report released Wednesday.
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