Current Affairs Ranks & Reports

India Now 2nd Largest Arms Importer In The World; Saudi On Top: SIPRI Report

Category : Ranks & Reports

 India is the second largest importer of weapons in the world, as per the annual report ‘Trends in International Arms Transfers-2018’ released by the think tank Stockholm International Peace Research Institute (SIPRI)Saudi Arabia is now the world’s largest weapons importer. After maintaining its position of world’s largest arms importer for about 8 years, India dropped down to be the second largest importer of weapons during 2014-18. India accounted for 9.5% of the global total imports during 2014-18, while Saudi Arabia accounted for 12% of the total imports during the period.
Source- The Economic Times


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