ForumIAS LATEST
- Interview Guidance initiative by ForumIAS – UPSC CSE 2026 Click Here to know more →
- FRC 2027: SFG Residential program | accepting application for Tranche-2 Click Here to know more →
- CSAT Classes for Prelims 2027 by Rishi Bhargav sir starts 16 Nov. at 5 PM Click Here to know more →
News:Stockholm International Peace Research Institute(SIPRI) has released a report on the latest data on international arms transfers.
Facts:
Key takeaways from the report:
- India continues to be the 2nd biggest arms importer after the Saudi Arabia.
- Russia remained the largest arms supplier to India in 2010-14 and 2015-19 but deliveries fell by 47%.
- India is the world’s fifth largest military spender after US, China, Russia and Saudi Arabia.
- India has also moved to the 23rd position among the top 25 weapon exporters with Myanmar, Sri Lanka and Mauritius being the biggest clients of India.
Additional information:
About SIPRI:
- Stockholm International Peace Research Institute(SIPRI) is an independent international institute established in 1966 in Stockholm,Sweden.
- It is dedicated to research into conflict, armaments, arms control and disarmament.
