India retains world’s largest weapons importer tag

Posted on February 24, 2016 0 Comments43

China, the third largest arms exporter and importer, sold most of
its weapons to Pakistan, Bangladesh and Myanmar, says according to the
Stockholm International Peace Research Institute report on global arms
purchases.

India remains the world’s largest weapons importer over a five-year
period according to latest report of the Stockholm International Peace
Research Institute (SIPRI) on global arms purchases released on Monday.
The report also says that China sold most of its weapons to India’s
neighbours.

India accounted for 14 per cent of total imports between 2011 and 2015.
China ranks second with 4.7 per cent, Australia (3.6 per cent), Pakistan
(3.3 per cent), Vietnam (2.9 per cent) and South Korea (2.6 per cent)
the report titled “Trends in international arms transfers-2015” said.

However on an annual basis India ceded its top spot to Saudi Arabia in 2015 which is reflective of the turmoil in the West Asia.

While Pakistan remains the main recipient of Chinese weapons accounting
for 35 per cent, a growing trend for India to watch out for is that
Pakistan is followed by Bangladesh and Myanmar, accounting for 20 and 16
per cent respectively, all three being neighbours of India.

India merely extended its top run from 2006-2010 period. The top five
exporters in the period were U.S., Russia, China, France and Germany.

The report noted that a major reason for the high level of Indian
imports is because India’s arms industry has so far largely failed to
produce competitive indigenously designed weapons.

While Russia maintains a strong lead as the top supplier, purchases from U.S. are sharply increasing.

While the government has embarked on an ambitious Make in India drive to
increase domestic manufacturing it is yet to bring in any meaningful
technology build up in the country.

Chinese exports on the rise

Interestingly, China figures at third place as an exporter and importer.

China which has emerged as the world’s third largest arms exporter after
U.S. and Russia has increased its exports of major arms by 88 per cent
between 2006-2010 and 2011-2015 and concurrently China’s global share of
arms exports rose from 3.6 to 5.9 per cent.

“China supplied major arms to 37 states in 2011-15, but the majority of
these exports (75 per cent) were to states in Asia and Oceania,” the
report said. Major arms include big platforms like aircraft, tanks and
so on.

Chinese exports of major arms to states in Asia and Oceania in 2011-15
were 139 per cent higher than in 2006-10, the report added. This is
likely to cross path with India’s own increased forays in the Indian
Ocean region with emphasis on military diplomacy and capacity building.

Source: www.thehindu.com

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