India remains world’s biggest weapons buyer, says Swedish think tank
Figures from think tank show it imports nearly three times as many arms as China and Pakistan
India remains the biggest buyer of arms in the world, importing nearly three times as many weapons as its nearest competitors China and Pakistan over the last five years, a Swedish think tank said yesterday.
The total volume of arms sales was up 14 per cent in 2009-13 compared to the previous five years, according to the Stockholm International Peace Research Institute (Sipri).
Indian imports of major weapons rose by 111 per cent in the last five years compared to 2004-08. Its share of total global arms imports increased from 7 to 14 per cent, Sipri said.
India replaced China as the world's biggest arms buyer in 2010. With its domestic defence industry struggling to manufacture hi-tech arms, India is in the midst of a defence spending binge as it struggles to keep up with better-equipped Chinese forces.
The main supplier of arms to India in 2009-13 was Russia, accounting for 75 per cent of all imports. However, India has sought to diversify its sources, looking particularly to the United States.
Figures from IHS Jane's released in February showed that India was the biggest buyer of US weapons last year - with total imports worth US$1.9 billion, and a string of large-scale purchases, including Boeing's C-17A transport aircraft and P-8I Maritime Patrol Aircraft
In 2009-13, however, the US still supplied only 7 per cent of India's purchases, Sipri said.