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SIPRI Report
December 18 , 2018
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- The recently released rankings by Stockholm International Peace Research Institute (SIPRI) have placed 4 Indian PSU’s among world’s top 100 arms producers.
- Those 4 Indian Public Sector Undertakings are,
- Indian Ordnance Factories (37th Rank)
- Hindustan Aeronautics (38th Rank)
- Bharat Electronics (64th Rank)
- Bharat Dynamics (94th rank)
- This was for the first time that four Indian companies have ranked in top 100 arms producers’ companies of world.
- India’s current share in total global arms sales stands at less than 2%.
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