Current Affairs | Release Date 2021-03-16 14:37:13
Current Affairs | Release Date 2021-03-16 14:37:13


• Arms imports decreased by 33% between 2011–15 and 2016–20 while India continues to remain the second largest arms importer after Saudi Arabia, according to a report from Swedish think tank Stockholm International Peace Research Institute (SIPRI).

Key highlights:

• The overall drop in arms imports between 2011–15 and 2016–20 seems to be mainly due to its complex and lengthy procurement processes, combined with its attempts to reduce its dependence on Russian arms by diversifying its network of arms suppliers.

• The report said Russia was the largest arms supplier in both years. “However, Russia’s deliveries dropped by 53% between the two periods and its share of Indian arms imports fell from 70 to 49%.”

• USA was the second largest arms supplier to India in 2011–15 but in 2016–20 India’s arms imports from the U.S. were 46% lower than in the previous five-year period, making the U.S. the fourth largest supplier in 2016–20.

• France and Israel were the second and third largest arms suppliers in 2016–20.

About:

• This think tank is an independent international institute dedicated to research into conflict, armaments, arms control and disarmament.

• It was established in 1966 at Stockholm (Sweden).

• It provides data, analysis and recommendations, based on open sources, to policymakers, researchers, media and the interested public.

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Mains Paper 2: International

Prelims level: SIPRI report

Mains level: Key highlights of the report outcome



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