♦ According to the Sweden-based Stockholm International Peace Research Institute (SIPRI), India was the second-largest arms importer, though the trade figures decreased by 9.3% between 2015-19 and 2020-24.

♦ Ukraine was the largest importer of major arms in the world in the 2020-24 period. 

♦ The largest share of Indian arms imports (36%) came from Russia, a significantly smaller share than in 2015-19 (55%) and 2010-14 (72%), the report noted.

♦ China dropped out of the list of top 10 arms importers for the first time since 1990-94, showcasing its expanding domestic industrial base.

♦ While, European arms imports overall grew by 155% between the same periods as the continent rearms itself, the U.S. further increased its share of global arms exports to 43%, while Russia’s exports fell by 64%, accounting for 7.8% of global arms exports, falling behind France (9.6%), which

emerged the second largest arms exporter in 2020-24.

♦ Four countries in Asia and Oceania — India, Pakistan, Japan, and Australia— ranked among the 10 largest arms importers globally in 2020-24.

♦ Russia delivered major arms to 33 countries in 2020-24, of which two-thirds went to three countries — India (38%), China (17%), and Kazakhstan (11%). 

♦ At the same time, France exported arms to 65 countries, and exports of major arms to other European countries almost trebled between 2015–19 and 2020–24 (+187%), according to SIPRI.