TNPSC Thervupettagam

SIPRI Report

December 18 , 2018 2282 days 982 0
  • 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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