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Which one of the following statements is correct?
India is the largest importer of defence equipment in the world
The United States of America was the second largest exporter of defence equipment to India in 2014
Russia has stopped- exporting defence equipment to India
India meets not more than 25% of its requirement of defence equipment through import 35.
India was the world’s largest importer of major arms between 2012–16, accounting for 13 per cent of the global total sales, according to a new data released by Stockholm International Peace Research Institute (SIPRI), an independent institute that tracks arms proliferation among other issues in conflict studies.
India increased its arms imports by 43 per cent, between 2007–11 and 2012–16. In the last four years India’s imports were far greater than those of its regional rivals China and Pakistan, SIPRI said in its report released today on international arms transfer.
By: Atul Sambharia ProfileResourcesReport error
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