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India's defence budget
February 18 , 2018
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- According to a 'Military Balance 2018' report by the International Institute for Strategic Studies (IISS), India's defence budget is ranked world's fifth largest defence budget,
- For the first time Indian defence budget has taken over the UK’s defence budget.
- India’s total defence budget allocation is 52.5 billion dollars.
- China has world’s second-largest defence budget after the US.
- China’s defence budget is USD 150.5 billion which is three times of India’s defence budget.
- Respectively Saudi Arabia and Russia are the third and fourth largest defence budget spending countries in the world.
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