India Now World’s Leading Arms Importer
March 20, 2012 by UPI - United Press International, Inc.
STOCKHOLM, Sweden (UPI) — Sweden’s International Peace Research Institute, which tracks the global arms trade, reports that India is the world’s leading arms importer.
SIPRI’s latest report notes that for the period 2007-11, India accounted for 10 percent of global arms imports.
While the bulk of India’s foreign weapons came from the Russian Federation, including 120 Sukhoi-30MK multi-role combat aircraft and 29 MiG-29K fighters, India also diversified its arm suppliers and purchases during the period included 20 British Jaguar warplanes.
Besides India, for the period 2007-11 other Asian states were responsible for the bulk of armaments. South Korea, Pakistan, China and Singapore imported significant amounts of weaponry, with those four countries and India accounting for 30 percent of all imports of major conventional weapons for the period.
The SIPRI report named the United States and Russia as key arms suppliers that, respectively, accounted for 30 and 24 percent of all weapons exports.