Business Standard

Saturday, December 21, 2024 | 06:51 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Russia accounted for half of India's arms imports during 2016-20

Although India's reliance on Russia has been declining, Russia still accounts for most of India's arms imports

Tank
Premium

India will remain shielded from any trade impact

Ishaan Gera
On Thursday, as Russia declared an incursion into Ukraine, European countries and allies of the North Atlantic Treaty Organization (NATO) announced they would impose more sanctions. US President Joe Biden also threatened more sanctions against Russia in a televised address.

Although India’s reliance on Russia has been declining, Russia still accounts for most of India's arms imports. A Business Standard analysis of data from Stockholm International Peace Research Institute (SIPRI) shows 49.4 per cent of India’s arms imports between 2016 and 2020 were from Russia, and 0.5 per cent were from Ukraine. In the previous five years, between 2011-15, Russia accounted

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in