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Mahesh

09/10/22 08:55 AM IST

India 4th ranked in Indo-Pacific

In News 
  • India ranks fourth among 12 Indo-Pacific nations in self-reliant arms production capabilities, according to a study released this month by the Stockholm International Peace Research Institute (SIPRI).
Major observations 
  • China tops the list, Japan is second, South Korea is in third place, and Pakistan is number 8.
  • India is ranked as the second-largest importer of arms for its armed forces in 2016-20.
  • Of India’s total volume of procurement in 2016–20, 84 per cent was of foreign origin.
  • The study says India is highly dependent on imports of complete foreign major arms, including many produced under licence or as components for its domestic production. 
  • China remained the worlds fifth largest arms importer in 2016-20.
  • Domestic production accounted for 92 per cent of total procurement.
  • After China, Japan and South Korea, India is ranked fourth. Taiwan, Australia and Singapore rank fifth, sixth and seventh.
  • Pakistan is ranked eighth, followed by Indonesia (rank 9), Malaysia (rank 10) and Thailand (rank 11).
Source- Indian Express 

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