New Delhi: India was the world’s largest importer of major arms in 2013–17. The arms imports of China and Pakistan, however, reduced in the same period. The latest annual study by a global watchdog on arms sales suggests that India’s arms imports accounted for 12 per cent of the arms transfers in the world.
India’s imports increased by 24 per cent between 2008–12 and 2013–17, said the Stockholm International Peace Research Institute (SIPRI). China’s arms imports fell by 19 per cent between 2008–12 and 2013–17.
Despite this decrease, it was the world’s fifth-largest arms importer in 2013–17. Pakistan accounted for 2.8 per cent of global arms imports in 2013–17. The study further said that China has increasingly been becoming capable of producing its own weapons, and maintaining itself as a supplier in the region by maintaining good relations with Pakistan, Bangladesh and Myanmar.
The US emerged as the world’s top exporter of weapons accounting for 34 per cent of global arms sales in the last five years, according to the study. Russia accounted for 20 per cent of the export ranking second in the list.