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Top 100 in arms sales - Three Indian companies
December 14 , 2021
1129 days
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- Three Indian companies are among the world’s top 100 for combined arms sales in 2020.
- This is according to the new report by the Stockholm International Peace Research Institute (SIPRI), which tracks global arms trade.
- The three are Hindustan Aeronautics Limited (HAL), Indian Ordnance Factories, and Bharat Electronics Limited (BEL).
- Of these, the Ordnance Factory Board (OFB), which comprised the Indian Ordnance Factories, has been dissolved and seven new Public Sector Undertakings were created in its place.
- The three were ranked among the top 100 in arms sales in 2019 as well.
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