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168116
Mon, 03/14/2011 - 16:25
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http://m.oananews.org//node/168116
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India is now world’s largest weapons importer overtaking China
London, March 14, 2011 (PPI): In its race to join the club of international powers, India has emerged as the world’s largest weapons importer overtaking China which shared the second spot with South Korea followed by Pakistan, according to a report by a Swedish think-tank.
“India is the world’s largest arms importer,” according to new data on international arms transfers published on Monday by Stockholm International Peace Research Institute (SIPRI).
“India received 9 per cent of the volume of international arms transfers during 2006-10, with Russian deliveries accounting for 82 per cent of Indian arms imports,” it said in a comprehensive annual update of the SIPRI Arms Transfers Database.
The four largest importers of conventional weapons in 2006-10 are located in Asia, the report said. India last topped the list in 1992.
The share of the four countries are-India (9 per cent), China (6 per cent), South Korea (6 per cent) and Pakistan (5 per cent). These states have imported, and will continue to take delivery of, a range of major conventional weapons, in particular combat aircraft and naval systems, report said.
India’s arms import delivery volumes jumped 21 per cent from the prior five-year period, with aircraft accounting for 71 per cent of it imports. In case of Pakistan, report said the volume of imports rose 128 per cent.
The report said India is expected to keep the top spot for the foreseeable future. “Just from what they have already ordered, we know that in coming few years India will be the top importer,” said Siemon Wezeman of SIPRI Arms Transfers Program.
“India is the world’s largest arms importer,” according to new data on international arms transfers published on Monday by Stockholm International Peace Research Institute (SIPRI).
“India received 9 per cent of the volume of international arms transfers during 2006-10, with Russian deliveries accounting for 82 per cent of Indian arms imports,” it said in a comprehensive annual update of the SIPRI Arms Transfers Database.
The four largest importers of conventional weapons in 2006-10 are located in Asia, the report said. India last topped the list in 1992.
The share of the four countries are-India (9 per cent), China (6 per cent), South Korea (6 per cent) and Pakistan (5 per cent). These states have imported, and will continue to take delivery of, a range of major conventional weapons, in particular combat aircraft and naval systems, report said.
India’s arms import delivery volumes jumped 21 per cent from the prior five-year period, with aircraft accounting for 71 per cent of it imports. In case of Pakistan, report said the volume of imports rose 128 per cent.
The report said India is expected to keep the top spot for the foreseeable future. “Just from what they have already ordered, we know that in coming few years India will be the top importer,” said Siemon Wezeman of SIPRI Arms Transfers Program.