Stockholm International Peace Research Institute (SIPRI)

Why Does China’s Defence Market Continue to Shrink?

When it comes to an arms race, China tries its best to compete with global leaders such as the US, Russia, France, Germany, Europe, and Israel in the production of advanced military technology. The...

Arms Revenue Increase Witnessed in All Regions, World’s Top Arms Producers See Revenues Rise in 2023: SIPRI

Stockholm: Revenues from sales of arms and military services by the 100 largest companies in the industry reached $632 billion in 2023, a real-terms increase of 4.2 per cent compared with 2022, according to...

Spain Emerging as India’s Strategic Partner

Spain’s President Pedro Sánchez’s visit to India marked an important milestone in the India-Spain relations. Sánchez along with Prime Minister Narendra Modi inaugurated the final assembly line of the C295 military transport aircraft at...

The Business of War: How Conflicts Fuel Economic Growth

Wars, despite their destructive nature, have historically played a significant role in stimulating economies. While the human cost of war is indisputable, the economic impact of conflicts can often result in increased production, innovation,...

Rising Number of Operational Nuclear Warheads Around the World Concerning, Race to Strengthen Nuclear Arsenals to Accelerate: SIPRI

Stockholm: The nine nuclear-armed states—the United States, Russia, the United Kingdom, France, China, India, Pakistan, the Democratic People's Republic of Korea (North Korea) and Israel—continued to modernise their nuclear arsenals and several deployed new...

Israel Witnesses Slow Down in Shipments from Main Weapons Suppliers

Washington: The US has suspended a shipment of heavy, bunker-busting bombs to Israel, weapons Israeli forces have used in their war against Hamas militants that has killed nearly 35,000 Palestinians in the Gaza Strip....

Prospects for Indian Defence Manufacturers in the Evolving Middle East Market

The Middle East is one of the most dynamic defence markets in the world. Violent conflicts, external and internal security threats and tensions among regional states generate strong demands for defence procurement. The region...

China Announces ‘Transparent and Moderate’ Defence Budget

The Chinese People's Political Consultative Conference (CPPCC) National Committee, China's top political advisory body, concluded its annual session on Sunday, March 10 calling on political advisors to contribute to great unity and solidarity and...

India Retains Position as World’s Largest Arms Importer, France Gains as Russian Arms Exports Decline: SIPRI

New Delhi: In a new report released on March 11, 2024 by Stockholm-based defence think-tank Stockholm International Peace Research Institute (SIPRI), India continues to be the world’s top arms importer though its overall imports...

Delayed by Production Challenges and Backlogs Top 100 Arms Sales Revenue Falls: SIPRI

Stockholm: Revenues from sales of arms and military services by the 100 largest companies in the industry totalled $597 billion in 2022, which was 3.5 per cent less than 2021 in real terms, even...

Low-Quality Weapons, Inconsistent Performance Stalls China’s Arms Exports, Witnesses Sharp Decline in the Last Decade

Beijing / New Delhi: Plagued by the issue of low-quality weapons and inconsistent performance, China's arms exports have declined and has put buyer countries in peril. In the last decade, China's weaponry exports have...

What Ails India’s Military

  The military might of a nation rests not only in its arsenal of cutting-edge hardware but also in the preparedness and resilience of its soldiers on the ground. India's armed forces can bolster their...

Aatmanirbharta in Defence: Strides and Snags

  The world experienced a seismic shift during the COVID-19 pandemic, with global norms bending and nations re-evaluating their reliance on others to support their development. In the aftermath of India's economy being hit by...
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