India Reduces Foreign Arms Imports While Remaining Second Largest Importer
According to Sipri, India’s arms imports dropped 9.3%, yet it remains the second largest importer globally. The decrease aligns with its goal of enhancing self-reliance in defense manufacturing amidst rising tensions with regional adversaries. Domestic production and budget allocations signify a commitment to reduce dependence on foreign arms.
Recently, the Stockholm International Peace Research Institute (Sipri) reported that India’s arms imports have decreased by 9.3% between the periods of 2015-19 and 2020-24. Despite this decline, India remains the second-largest arms importer globally, trailing behind Ukraine. This reduction coincides with the Indian government’s initiative to enhance self-reliance within the defense manufacturing sector, as tensions with China and Pakistan continue to influence military procurement decisions.
In summary, India’s decreasing foreign arms imports reflect a deliberate shift towards domestic defense production aimed at self-reliance. While it still imports a significant share of military hardware, primarily from Russia, ongoing government policies and budget allocations are indicative of a long-term commitment to bolster indigenous capabilities within the defense sector.
Original Source: www.hindustantimes.com
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