Stockholm International Peace Research Institute News

According to Stockholm International Peace Research Institute (SIPRI), the US and Russia continued to reduce their nuclear weapon arsenals in 2020 The institute also pointed out that China is modernizing and expanding its nuclear weapon inventory, along with India and Pakistan

In line with Prime Minister Narendra Modi's effort to reduce the country's dependence on foreign arms, India's import of arms decreased by 24 per cent between 2009-2013 and 2014-2018.

A Swedish think-tank has said that the US, Russia, Britain, France, China, India, Pakistan, Israel and North Korea had 14,465 nuclear warheads at the beginning of 2018, of which 3,750 were actually deployed.  

Washington increased its sales by more than five times compared to the previous five years, the authoritative Stockholm International Peace Research Institute said in its report. 

India`s military expenditure grew around 8.5 per cent in 2016, making it the world`s fifth largest spender at $55.9 billion, figures released by the Stockholm International Peace Research Institute (Sipri) revealed on Monday.

Despite India expanding its military ties with the US, Europe and Israel, Russia remains New Delhi`s number one supplier of weapons with America at a distant second.

India was the world's largest importer of major arms in the last five years, a Stockholm-based think-tank said on Monday.

India and Pakistan are increasing their nuclear weapon stockpiles and missile delivery capabilities, an international think-tank said on Monday.

India plans to focus defence spending more on the domestic market instead of importing combat planes, ships and submarines, after saying on Monday it will leave military spending for 2016/17 largely unchanged following years of increases.

India has yet again emerged as the world's largest importer of arms, with Russia being the top supplier garnering 70 per cent of the Indian market, a Stockholm-based think-tank said on Monday.

India is building a top-secret nuclear city to produce thermonuclear weapons and when completed in 2017 the facility would be the subcontinent's "largest military-run" complex of nuclear centrifuges, a leading American foreign policy journal has claimed.