Arms Sales of Top Indian Defence Firms Slipped by 6.9% Despite Rise in Global Weapon Demand: Report
5 years, 1 month ago

Arms Sales of Top Indian Defence Firms Slipped by 6.9% Despite Rise in Global Weapon Demand: Report

News 18  

Stockholm: The combined sales of three public sector Indian defence companies that figure among the world's 100 top arms suppliers dropped by 6.9 per cent to stand at USD 5.9 billion in 2018 despite a rise in the global weapons sales, according to a new report published by a leading Swedish think tank. The combined arms sales of the three Indian arms companies listed in the top 100 were USD 5.9 billion in 2018 a decrease of 6.9 per cent on 2017. The three companies based in South Korea had combined arms sales of USD 5.2 billion in 2018, equivalent to 1.2 per cent of the top 100 total. These five companies alone accounted for USD 148 billion and 35 per cent of total top 100 arms sales in 2018.

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History of this topic

Global arms sales rise to $632 billion in 2023, up 4.2% from 2022: Report
3 weeks, 2 days ago

Global arms sales rise to $632 billion in 2023, up 4.2% from 2022: Report

India Today  

The Stockholm International Peace Research Institute has revealed that global arms sales surged to $632 billion in 2023, marking a 4.2 per cent increase from 2022. A significant trend noted in the report is the expansion of arms revenues among a higher number of companies, with 73 companies in the SIPRI Top 100 Arms-Producing and Military Services Companies 2023 reporting …

Top 100 arms makers' sales hit record high
1 month, 1 week ago

Top 100 arms makers' sales hit record high

China Daily  

The world's top 100 arms manufacturers reported revenues of $632 billion in 2023, marking a 4.2-percent increase from the previous year, according to figures released by a global think tank on Monday. "The arms revenues of the top 100 arms producers still did not fully reflect the scale of demand, and many companies have launched recruitment drives, suggesting they are …

Top 100 arms makers' sales hit record high
1 month, 1 week ago

Top 100 arms makers' sales hit record high

China Daily  

The world's top 100 arms manufacturers reported revenues of $632 billion in 2023, marking a 4.2-percent increase from the previous year, according to figures released by a global think tank on Monday. "The arms revenues of the top 100 arms producers still did not fully reflect the scale of demand, and many companies have launched recruitment drives, suggesting they are …

Arms producers saw revenue up in 2023 with the wars in Ukraine and Gaza, a new report says
1 month, 1 week ago

Arms producers saw revenue up in 2023 with the wars in Ukraine and Gaza, a new report says

Associated Press  

STOCKHOLM, Sweden — Major companies in the arms industry saw a 4.2% increase in overall revenue in 2023 with sharp rises for producers based in Russia and the Middle East, a new report said Monday. The report by the Stockholm International Peace Research Institute, or SIPRI, said revenues from the top 100 arms companies totaled $632 billion last year in …

Wars, regional tensions boost arms sales around the world: Report
1 month, 1 week ago

Wars, regional tensions boost arms sales around the world: Report

Firstpost  

Sales of arms and military services by the world’s 100 largest arms companies totalled $632 billion in 2023, up 4.2 per cent, according to a report by the Stockholm International Peace Research Institute People check the site on an Israeli strike at a house in Nuseirat in the central Gaza Strip on November 22, 2024, amid the ongoing war between …

India's Defence Exports Soar, with US, France and Armenia Top Buyers
2 months, 1 week ago

India's Defence Exports Soar, with US, France and Armenia Top Buyers

Firstpost  

India's defense exports reach a record high of $2.6 billion in 2023-24, with the US, France and Armenia ranking as the top three buyers. Armenia has emerged as India's biggest client of 'finished' weapon systems, including Akash air defense missile systems, Pinaka multi-launch rocket systems and 155mm artillery guns.

India’s defence industry: Achievements and challenges
4 months, 3 weeks ago

India’s defence industry: Achievements and challenges

Hindustan Times  

Prime Minister Narendra Modi's government has launched many reforms under the Make in India and Atmanirbhar Bharat initiatives to strengthen India’s moribund defence industry. Union defence minister Rajnath Singh with Chief of Defence Staff General Anil Chauhan and Indian Army chief General Manoj Pande at the Manekshaw Auditorium in New Delhi on Tuesday. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Since assuming power …

India’s defence industry: Achievements and challenges
4 months, 3 weeks ago

India’s defence industry: Achievements and challenges

Hindustan Times  

Prime Minister Narendra Modi's government has launched many reforms under the Make in India and Atmanirbhar Bharat initiatives to strengthen India’s moribund defence industry. Union defence minister Rajnath Singh with Chief of Defence Staff General Anil Chauhan and Indian Army chief General Manoj Pande at the Manekshaw Auditorium in New Delhi on Tuesday. Since assuming power in 2014, PM Modi’s …

Israel breaks arms sales record for 3rd consecutive year
6 months, 3 weeks ago

Israel breaks arms sales record for 3rd consecutive year

Firstpost  

The International Defense Cooperation Directorate, or SIBAT, of the Israeli Defense Ministry revealed numbers on Monday indicating that defense exports reached $13 billion in 2022, surpassing the previous record high of $12.5 billion in 2022. That amount varied from $7.5 billion to $8.5 billion in 2018 and 2020 Eleven percent of arms sales went toward the export of radar and …

What are arms sales to Israel worth – and could they be stopped?
9 months ago

What are arms sales to Israel worth – and could they be stopped?

The Independent  

If Britain were to suspend arms sales to Israel, it would be joining Canada, the Netherlands, Japan, Spain and Belgium, who have already done so with broad overall public support. Peter Ricketts, a former senior diplomat who chaired the Joint Intelligence Committee during the Blair government, is of the view that Washington may now reconsider its military links with Israel, …

Three Indian PSUs among top 100 arms manufacturers in world: SIPRI
1 year, 1 month ago

Three Indian PSUs among top 100 arms manufacturers in world: SIPRI

Firstpost  

Indian defence public sector undertakings such as Hindustan Aeronautics, Bharat Electronics and Mazagon Docks secured positions in the list of the top 100 arms-producing companies. In 2022, global sales of arms and military services by the top 100 armament companies reached $597 billion, experiencing a significant surge in demand driven by Russia’s invasion of Ukraine and escalating geopolitical tensions. The …

India remains world’s top arms importer: SIPRI report
1 year, 9 months ago

India remains world’s top arms importer: SIPRI report

Live Mint  

India remained the world's top arms importer, but its imports declined by 11 per cent between 2013-17 and 2018-22, according to a report released on Monday by Stockholm-based defence think-tank SIPRI. The imports by Pakistan, the world's eighth-largest arms importer during 2018-22, increased by 14 per cent, with China as its main supplier, the report said. The report said India …

India remains biggest arms importer between 2018-22 despite drop in overall imports
1 year, 9 months ago

India remains biggest arms importer between 2018-22 despite drop in overall imports

The Hindu  

India remained the world’s largest arms importer for the five-year period between 2018-22 even though its arms imports dropped by 11% between 2013–17 and 2018–22, according to the Swedish Think Tank Stockholm International Peace Research Institute. With an 11% share of total global arms imports, India was the world’s biggest importer of major arms in 2018–22, a position it has …

Russia Is Still India's Largest Arms Supplier But Its Position Is Under 'Pressure’, Latest SIPRI Report Says
1 year, 9 months ago

Russia Is Still India's Largest Arms Supplier But Its Position Is Under 'Pressure’, Latest SIPRI Report Says

ABP News  

New Delhi: Russia continues to be the largest arms supplier of India, but its share in New Delhi’s total arms imports has come down to 45 percent during the period 2018-2022 from 64 percent earlier, according to the latest data on international transfers of major arms by the Stockholm International Peace Research Institute. With an 11 per cent share of …

Report: Ukraine war ups arms sales but challenges lie ahead
2 years, 1 month ago

Report: Ukraine war ups arms sales but challenges lie ahead

Associated Press  

STOCKHOLM — Global arms sales increased by nearly 2% in 2021, the seventh consecutive year of increases, an international arms sales watchdog noted Monday. “Increasing output takes time” said Diego Lopes da Silva, a senior researcher with SIPRI, adding that if the supply chain disruptions continue, “it may take several years for some of the main arms producers to meet …

Global arms sales rise for 7th year despite supply chain issues
2 years, 1 month ago

Global arms sales rise for 7th year despite supply chain issues

Al Jazeera  

Annual report on weapons trade shows sales up 1.9 percent, with Russia’s invasion of Ukraine adding to supply chain problems. Sales of arms and military services by the world’s 100 biggest defence companies rose 1.9 percent to $592BN in 2021 despite supply chain issues that held up shipments of critical components, according to new data from the Stockholm International Peace …

India to boost arms output, fearing shortfall from Russia
2 years, 9 months ago

India to boost arms output, fearing shortfall from Russia

Associated Press  

NEW DELHI — India on Thursday said it would ramp up its production of military equipment, including helicopters, tank engines, missiles and airborne early warning systems, to offset any potential shortfall from its main supplier Russia. “Our objective is to develop India as a defense manufacturing hub,” Defense Minister Rajnath Singh said Thursday while releasing a list of military equipment …

India to boost arms output, fearing shortfall from Russia
2 years, 9 months ago

India to boost arms output, fearing shortfall from Russia

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. "Our objective is to develop …

Russia's share of arms import to India fell from 69% in 2012-17 to 46% in 2017-21: Report
2 years, 9 months ago

Russia's share of arms import to India fell from 69% in 2012-17 to 46% in 2017-21: Report

The Hindu  

Russia's share of arm imports to India fell from 69% in 2012-17 to 46% in 2017-21, according to a report released on Monday by Stockholm-based defence think-tank SIPRI. Despite this, India was the world's largest importer of major arms in 2017–21 and accounted for 11 per cent of total global arms imports in the period," the report noted. Russia was …

How India changed preference for arms suppliers in 50 years
3 years, 9 months ago

How India changed preference for arms suppliers in 50 years

India Today  

India’s choice of arms trade partners has changed significantly over time as the country strives to reduce dependence on old partners such as Russia. Overall, arms exports by Russia fell by 22 per cent, which is majorly due to India’s cut in arms imports. Though Russia was the most affected supplier, India’s imports of US arms also fell by 46 …

Following India-China Clash, US Looking to Ramp Up Arms Sales to India: Report
4 years, 5 months ago

Following India-China Clash, US Looking to Ramp Up Arms Sales to India: Report

News 18  

The US is looking to ramp up arms sales to India, including those of armed drones that can carry over 1,000 pounds of bombs and missiles, said a media report, noting the "new push" comes following the violent clashes in June between Indian and Chinese troops in Ladakh. "The Trump administration is looking to ramp up arms sales to India …

Arms sales of top Indian defence firms drop by 6.9 per cent: SIPRI report
5 years, 1 month ago

Arms sales of top Indian defence firms drop by 6.9 per cent: SIPRI report

India TV News  

The combined sales of three public sector Indian defence companies that figure among the world’s 100 top arms suppliers dropped by 6.9 per cent to stand at USD 5.9 billion in 2018 despite a rise in the global weapons sales, according to a new report published by a leading Swedish think tank. The combined arms sales of the three Indian …

India is world’s second largest arms importer
5 years, 9 months ago

India is world’s second largest arms importer

The Hindu  

India was the world’s second-largest arms importer from 2014-18, ceding the long-held tag as largest importer to Saudi Arabia, which accounted for 12% of the total imports during the period. “India was the world’s second largest importer of major arms in 2014–18 and accounted for 9.5% of the global total,” according to the latest report published by the Stockholm International …

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