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India retains position as world's top arms importer: SIPRI report

While Russia remains a significant contributor to India's arms acquisitions, with a share of 36 percent, the country has diversified its sources, marking a departure from historical trends.

- New Delhi - UPDATED: March 11, 2024, 06:47 PM - 2 min read

Image for representative use.

India retains position as world's top arms importer: SIPRI report

Image for representative use.


India has maintained its status as the world's largest arms importer, with imports rising by 4.7 percent between 2014–2018 and 2019–2023, according to a recent report by the Stockholm International Peace Research Institute (SIPRI).

 

Despite this increase, the report notes a shift in India's arms procurement dynamics, with Russia continuing as the primary arms supplier but accounting for less than half of India's imports for the first time since the 1960s.

 

While Russia remains a significant contributor to India's arms acquisitions, with a share of 36 percent, the country has diversified its sources, marking a departure from historical trends.

 

In contrast, Pakistan has significantly boosted its arms imports by 43 percent, positioning itself as the fifth-largest importer globally. China, meanwhile, continues to play a dominant role as Pakistan's main arms supplier, supplying 82 percent of its imports.

 

The report highlights a trend of increased arms transfers in the Asia-Pacific region, driven largely by concerns over China's military ambitions. Countries like Japan and South Korea have substantially increased their imports, with Japan witnessing a staggering 155 percent rise.

 

The Middle East also remains a significant destination for arms transfers, with Saudi Arabia emerging as the second-largest importer globally, despite a 28 percent decrease in imports in the 2019–2023 period compared to the previous five years. 

 

Qatar, on the other hand, saw a remarkable surge in imports, quadrupling its acquisitions and securing the third spot among global importers.

 

The SIPRI report underscores the complex dynamics of global arms transfers, influenced by geopolitical tensions and regional security concerns. 

 

As countries navigate evolving threats and strategic interests, the arms trade continues to play a crucial role in shaping global security landscapes.

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