Posts tagged ‘SIPRI’

17/03/2014

India’s arms imports almost three times of China, Pak: SIPRI report – The Times of India

India’s continuing abject failure to build a robust defence industrial base (DIB) has come to into focus once again, with an international thinktank holding its arms imports are now almost three times as high as those of the second and third largest arms importers, China and Pakistan.

C-130J Super Hercules showing scimitar propell...

C-130J Super Hercules showing scimitar propellers with raked tips (Photo credit: Wikipedia)

As per the latest data on international arms transfers released by Stockholm International Peace Research Institute (SIPRI), the volume of Indian imports of major weapons rose by 111% between 2004-08 and 2009-13, and its share of the volume of international arms imports increased from 7% to 14%.

The major suppliers of arms to India in 2009-13 were Russia (accounting for 75% of imports) and the US (7%), which for the first time became the second largest arms supplier to India, said SIPRI. As earlier reported by TOI, the US has already bagged defence deals close to $10 billion over the last decade in the lucrative Indian defence market, with the latest being the $1.01 billion one for six additional C-130J “Super Hercules” aircraft.

via India’s arms imports almost three times of China, Pak: SIPRI report – The Times of India.

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