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With 12% global imports, India is the top of the list of arms buyer: Current affairs
Failure to build a strong defense manufacturing industry ensures that India remains in the strategic-weak position of being the world's largest arms importer by 12% of global imports from 2013-2017. According to the International Weapon Transfer figures released by the Global Think Tank Stockholm International Peace Research Institute on Monday, arms import by India increased by 24% between 2008-2012 and 2013-2017.
India is the world's top arms importer in place of Saudi Arabia, Egypt, United Arab Emirates, China, Australia, Algeria, Iraq, Pakistan and Indonesia. From 2013-2017, India's largest arms supplier was Russia (62%), US (15%) and Israel (11%).
India remains the largest buyer of arms from Russia and Israel, as part of its foreign policy, to combat China's growing influence in China, China has projected military sales to India - $ 15 billion in the last decade and up to 557% between 2008-2012 and 2013-2017 - overtook many countries and relocating Russia to the top spot for some years.
- CIPRI said in its part, "Weapon transfers are often used as a U.S. foreign policy tool to make American strategic partnerships. For example, in their efforts to offset the growing influence of China in Asia and Oceania. The United States has strengthened its relations with India, its arms distribution in India has increased 557% between 2008-2012 and 2013-2017. "
- With its systematic move to create a strong defense-industrial base (DIB) data among exporters of the world's top five arms after China, America, Russia, France and Germany. They eat together for 74% of all weapons exports. China's largest customer of Pakistan, which receives 35% of its exports and Bangladesh (19%).
- Nonetheless, India continues to soak the National Diabetes, as well as the Armed Forces has fulfilled 65% of its requirements abroad.
- The DRDO and its 50 labs, five defense PSUs, four shipyards and 41 armament factories have failed to spend huge amounts and to ensure that they are distributing without any heavy cost and time surplus.
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