India remains 4th largest military spender in 2023:SIPRI report

Daily Current Affairs / India remains 4th largest military spender in 2023:SIPRI report

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Category : Defense Published on: April 25 2024

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India was the fourth largest military spender globally in 2023. At $83.6 billion, its military expenditure was 4.2 per cent higher than in 2022.
in 2022, India’s military spending stood at $81.4 billion, nearly 6 per cent more than that in 2021. It means the military expenditure has increased 47 per cent since the Narendra Modi government came into power in 2014.

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India remains 4th largest military spender in 2023:SIPRI report