India’s Defence Spending Climbs To USD 92.1 Billion Amid Global Military Surge

India’s military expenditure rose sharply in 2025, increasing by 8.9 per cent to USD 92.1 billion, according to the Stockholm International Peace Research Institute (SIPRI). This made India the fifth largest military spender globally.The rise was attributed to the India–Pakistan conflict in May 2025, which involved combat aircraft, drones and missiles, and drove up defence allocations during the
India’s military expenditure rose sharply in 2025, increasing by 8.9 per cent to USD 92.1 billion, according to the Stockholm International Peace Research Institute (SIPRI). This made India the fifth largest military spender globally.The rise was attributed to the India–Pakistan conflict in May 2025, which involved combat aircraft, drones and missiles, and drove up defence allocations during the
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