Stockholm International Peace Research Institute (SIPRI): Recently, SIPRI report revealed that India's military spending in 2024 was nearly nine times higher than Pakistan's defense expenditure, however China spends >4 times India’s spending. India is the 5th largest military spender globally.
o Established in: 1966
o Vision: SIPRI envisions a world where sources of insecurity are recognized, conflicts are preempted or resolved, and peace is enduring.
o Provision of Data and Analysis: SIPRI provides data, analysis, and recommendations sourced from open channels, offering valuable insights into global security trends.
o Target Audience: SIPRI's research serves policymakers, researchers, media, and the general public, contributing to informed decision-making and public discourse.
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