Context: India continues to be the world’s top arms importer, according to a new report by the Stockholm International Peace Research Institute (SIPRI).
Stockholm International Peace Research Institute (SIPRI)
About: It is an independent international institute dedicated to research into conflict, armaments, arms control and disarmament.
Established in: 1966
Vision: SIPRI envisions a world where sources of insecurity are recognized, conflicts are preempted or resolved, and peace is enduring.
Provision of Data and Analysis: SIPRI provides data, analysis, and recommendations sourced from open channels, offering valuable insights into global security trends.
Target Audience: SIPRI's research serves policymakers, researchers, media, and the general public, contributing to informed decision-making and public discourse.
Key Point of Report
India's Arms Imports: Despite the "Make in India" initiative, aimed at promoting India as a global manufacturing hub, the country's arms imports increased by 4.7 percent between 2014–2018 and 2019–2023.
Leading Position: India secures the top rank globally, importing 9.8 percent of arms, showcasing its substantial reliance on foreign military equipment.
Regional Comparison: Following India, Saudi Arabia stands second with 8.4 percent arms import, indicating significant defense procurement in the region.
Qatar's Import Rate: Qatar holds the third position, importing 7.8 percent of arms, reflecting its investment in defense capabilities.
Russia Remains India's Main Arms Supplier: According to the SIPRI report, Russia retained its status as India's main arms supplier, accounting for 36 percent of its arms imports.
Shift in India's Arms Import Patterns: The period from 2014 to 2018 marked the first five-year stretch in 50 years where deliveries from Russia or the former Soviet Union comprised less than half of India's arms imports.
French Arms Exports to India: The increase in French arms exports was primarily driven by deliveries of combat aircraft to India, Qatar, and Egypt, including 36 Rafale fighter jets customized for the Indian Air Force.
Expansion of Indian-French Arms Deal: India is in negotiations for the procurement of 26 Rafale Marine jets for the Navy's aircraft carrier INS Vikrant, with the contract likely to be signed soon after France submitted a bid in December 2023.