TNPSC Thervupettagam

SIPRI Report

March 17 , 2022 977 days 925 0
  • The Stockholm International Peace Research Institute (SIPRI) has released its latest report on Trends in International Arms Transfer, 2021.
  • As per the report, India and Saudi Arabia emerged as the largest importers of arms between 2017-21.
  • Both two countries accounted for 11% of all global arms sales.
  • The report placed India at the top of the list.
  • Russia (46%), France (27%), and the USA (12%) were the top three largest exporters of arms to India during the period.
  • The USA, with a 39% share, retained its standing as the world’s largest arms exporters during 2017-21.
  • India was the 23rd largest exporter during 2017-21, with a share of just 0.2% of the global exports.

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