The World’s 4th-Largest Military Spender Is Kicking Its Dependency On Foreign Weapons

India has emerged as the world’s fourth-largest military spender, allocating $83.6 billion in 2023, according to a report by the Stockholm International Peace Research Institute (SIPRI). This expenditure represents a 4.2% increase from the previous year and is part of India’s broader strategy to modernize its military capabilities amid ongoing regional tensions, particularly with China along the
India has emerged as the world’s fourth-largest military spender, allocating $83.6 billion in 2023, according to a report by the Stockholm International Peace Research Institute (SIPRI). This expenditure represents a 4.2% increase from the previous year and is part of India’s broader strategy to modernize its military capabilities amid ongoing regional tensions, particularly with China along the
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