DefenceTuesday, 28 April 2026·The Hindu
India Becomes World's Fifth-Largest Military Spender (SIPRI)
According to SIPRI data, India spent $92.1 billion on defence in 2025, an 8.9% rise, making it the world's fifth-largest military spender, accounting for 3.2% of global expenditure.
Key highlights
- India: $92.1 billion (5th globally); 3.2% of global military spending.
- India is also the second-largest arms importer.
- SIPRI established 1966, headquartered in Solna, Sweden.