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India News: India remains the world's top arms importer and its imports increased by 4.7 per cent between 2014-2018 and 2019-2023, Swedish think tank SIPRI said i
Russia's 2022 invasion of Ukraine and the ongoing war has driven new arms purchasing in Europe in dramatic fashion, with US manufacturers being the main beneficiaries, according to a new study from the Stockholm International Peace Research Institute (SIPRI).
The US' arms exports surged by 17% between the periods of 2014–18 and 2019–23, with its share of total global arms exports rising from 34% to 42%.
Pakistan was the fifth largest arms importer in 201923 and China became even more dominant as its main supplier, providing 82 per cent of its arms imports, it said
France has overtaken Russia on the list of the biggest weapons exporters, a study from the Stockholm International Peace Research Institute has found. The United States has reinforced its global dominance in arms sales.