India – Increase in Import of Major Weapons


Authoritative information regarding import of major weapons by China is not available. However, as per report published in March 2012 by the Stockholm International Peace Research Institute (SIPRI), India has become the largest importer of arms during 2007- 2011 and accounted for 10% of the global arms imports as compared to China`s share of 5%.

The amount of expenditure incurred by India on capital acquisition for modernization of Armed Forces through imports during 2007-2011 is as under:-

(Rs in crore)

Year
Amount spent on foreign procurement
2007-08
10166.08
2008-09
10184.95
2009-10
13411.91
2010-11
15443.01

This information was given by Minister of Defence Shri AK Antony in a written reply to Shri Rajeev Chandrasekhar in Rajya Sabha today.

Source:
Press Information Bureau, Government of India