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.
(Here you can find all the study material including current affair 2018, latest current affairs, daily current affairs etc. for better preparation for All India exams like SSC, UPSC, Railway, Banking, Defence etc.)
Examlover website provide all Latest Current Affairs & Today Current Affairs 2018 for better preparation of UPSC, SSC, Banking, Railway, Defence and all government exams. Daily Current Affairs 2018 news summary on current events of national and international importance for all government competitive examinations. Current affairs preparation for govt. exams, so you can visit here for Current Affairs GK, Today GK, Daily Quiz, Daily GK and Current Affairs Quiz etc. You can also find here all the study material and learning data for One Day Exams, Online Exams and Offline Exams preparation. All types current affairs category here and uncategorized current affairs updates by us day to day related government schemes, publics deals, politics, Sports Science & Technology and miscellaneous news which is very important and useful in all government exams like UPSC, SSC, Banking, Railway, Medical etc.