HAL, BEL And Mazagon Docks PSUs Among World’s Top 100 Arms Producing Companies: SPIRI Report

According to a SIPRI report, sales of arms and military services by the 100 largest armament companies in the world reached $597 billion in 2022. Geopolitical tensions and the Russian invasion of Ukraine fuelled increased demand for weapons globally. Indian defence PSUs Hindustan Aeronautics, Bharat Electronics, and Mazagon Docks are among the top 100 arms-producing companies. The US dominates
According to a SIPRI report, sales of arms and military services by the 100 largest armament companies in the world reached $597 billion in 2022. Geopolitical tensions and the Russian invasion of Ukraine fuelled increased demand for weapons globally. Indian defence PSUs Hindustan Aeronautics, Bharat Electronics, and Mazagon Docks are among the top 100 arms-producing companies. The US dominates
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