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India has become the 3rd largest military spender in the world


23 Aug 2018
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NEW DELHI : The US, China and India were the world’s three biggest military spenders in 2019, followed by Russia and Saudi Arabia. The two Asian countries made it to the top three for the first time, the Stockholm International Peace Research Institute (Sipri) said on Monday.

The three countries were ahead of Russia ($65 billion) and Saudi Arabia ($61.8 billion) who together made up the world’s top military spenders, accounting for 62% of the global military spend including salaries, benefits, operational expenses, arms and equipment purchases, military construction, research and development, central administration, command and support.

India is world’s 3rd largest military spender, expense rose by 6.8% in 2019
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