ARMS IMPORT - DEFENCE AND SECURITY

News: India remains biggest arms importer between 2018-22 despite drop in overall imports

 

What's in the news?

       India remained the world’s largest arms importer for the five-year period between 2018-22 even though its arms imports dropped by 11% between 2013–17 and 2018–22, according to the Swedish Think Tank Stockholm International Peace Research Institute (SIPRI).

 

Key takeaways:

       Russia was the largest supplier of arms to India in both 2013–17 and 2018–22, but its share of total Indian arms imports fell from 64% to 45% while France emerged as the second largest supplier between 2018-22.

 

Findings of the SIPRI Report:

       As per latest SIPRI data, among the top 10 arms exporters for the period 2018-22, India was the biggest arms export market to three countries - Russia, France and Israel and the second largest export market to South Korea.

       India was also the third largest market for South Africa which was ranked 21 in the list of arms exporters.

       For the period 2018-22, India remained the largest arms importer followed by Saudi Arabia. Russia accounted for 45% of India's imports followed by France (29%) and the US (11%).

       India was the third largest arms supplier to Myanmar after Russia and China accounting for 14% of its imports.

       Just under two thirds of Russian arms exports went to three states in 2018–22 - India (31%), China (23%) and Egypt (9.3%).

       The arms imports by Pakistan increased by 14% between 2013–17 and 2018–22 and accounted for 3.7% of the global total with China supplying 77% of Pakistan’s arms imports in 2018–22.

       Overall, the U.S. share of global arms exports increased from 33% to 40% while Russia’s fell from 22% to 16%.

 

Need for arms in India:

       India’s tensions with Pakistan and China largely drive its demand for arms imports.

       With an 11% share of total global arms imports, India was the world’s biggest importer of major arms in 2018–22, a position it has held for the period 1993–2022.