SIPRI Report on Military Expenditure

Context: According to the Stockholm International Peace Research Institute (SIPRI) report ‘Trends in World Military Expenditure 2024’, India’s military expenditure grew to $86.1 billion, nearly nine times that of Pakistan. About SIPRI Report on Military Expenditure: Global Rank: India is 5th largest military spender in the world after the U.S., China, Russia, and Germany. Total …

SIPRI Report (2020-24)

Source:  THE HINDU Context: India has become the second-largest arms importer globally between 2020-24, following Ukraine, as per the Stockholm International Peace Research Institute (SIPRI) report. The report highlights a decline in India’s arms imports from Russia and a rise in French arms exports to India. About SIPRI Report (2020-24): Key Highlights of the SIPRI …