Context: Stockholm International Peace Research Institute(SIPRI) has released a report on the latest data on international arms transfers.
About 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.
• According to data from SIPRI for the period 2015-19, India also acquired military hardware from other countries, including Scanter-6000 radars from Denmark, Embraer ERJ-145 jets for a home-grown airborne early warning and control system from Brazil, ACTAS sonar systems from Germany, Super Rapid 76mm naval guns from Italy and K-9 Thunder 155mm artillery guns from South Korea.
• Between 2010-14 and 2015-19, arms imports by India and Pakistan decreased by 32% and 39% respectively. “While both countries have long-standing aims to produce their own major arms, they remain largely dependent on imports and have substantial outstanding orders and plans for imports of all types of major arms," the report said.

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.