India remains the world’s largest arms importer between 2018-2022

According to the March 2023 report by Stockholm International Peace Research Institute (SIPRI), India still is the world’s largest arms importer of military equipment in the world accounting for 11% of the total global arms imports between 2018 and 2022. However, it is also to be noted that India’s share of 11% is down from 12% in the 2013-17 period. Further, The Russia remains the largest arms supplier to India in the periods between 2013-17 and 2018-22, though its share of arms imports to India fell from 64% to 45% while France accounted 29% of the total imports to India thereby becoming the second-largest arms supplier to India between 2018-22, followed by the US at 11%. Beside these countries, India also imported arms from Israel, South Korea, and South Africa during this five-year period.

Besides India, Saudi Arabia (9.6%), Qatar (6.4%), Australia (4.7%) and China (4.7%) are the other 4 top arms importer in terms of procurement of foreign defence equipment during the mentioned period. On the other hand, the top 5 arms exporters during this period were the US (40%), Russia (16%), France (11%), China (5.2%), Germany (4.2%).