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Consider the following statements with respect to Stockholm International Peace Research Institute (SIPRI) report on weapons imports:
1. India was the largest importer of arms for its armed forces in 2016-20.
2. Domestic arms companies provide more than 50 per cent of India’s total volume of defence procurement in 2016-20.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements with respect to Stockholm Internatio...
India ranks fourth among 12 Indo-Pacific nations in self-reliant arms production capabilities, according to a study released this month by the Stockholm International Peace Research Institute (SIPRI).
About:
  • The 12 countries in the study were selected because they have the highest military spending in the region — Australia, China, India, Indonesia, Japan, South Korea, Malaysia, Pakistan, Singapore, Taiwan, Thailand and Vietnam.
  • The study, which measures self-reliance until 2020, is based on three indicators of self-reliance in each country:
    • Arms procurement
    • Arms industry
    • Uncrewed maritime vehicles
China
  • China was the world’s fifth largest arms importer in 2016-20.
  • Its self-reliance policies, and its high economic growth in that period meant that the Chinese arms industry now increasingly fulfills the requirements of the People’s Liberation Army (PLA).
  • Its high volume of imports in absolute terms accounts for only 8 per cent of total procurement for the period, the lowest share for any of the 12 governments.
India
  • India is ranked as the second largest importer of arms for its armed forces in 2016-20. India is highly dependent on imports of complete foreign major arms, including many produced under licence or as components for its domestic production.
  • Of India’s total volume of procurement in 2016–20, 84 per cent was of foreign origin. Domestic arms companies provide only 16 per cent of its total procurement.
  • Hindustan Aeronautics Ltd, Indian Ordnance Factories, Bharat Electronics, Mazagaon Docks and Cochin Shipyard are among the major Indian arms servicing companies. Ashok Leyland, one of the largest suppliers of trucks to the Indian Army, is the only company ranked in the top 50 in the Indo-Pacific.
  • India has seven Uncrewed Maritime Vessel projects ongoing. In the private sector, Larsen & Toubro has been developing AUV prototypes on its own and in collaboration with foreign partners, such as Italy’s EdgeLab.
Hence both statements are not correct.
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Community Answer
Consider the following statements with respect to Stockholm Internatio...
India's Arms Imports and Domestic Arms Companies
India's arms imports and domestic arms companies play a significant role in the country's defense procurement. Let's analyze the two statements provided in the question:

Statement 1: India was the largest importer of arms for its armed forces in 2016-20.
- This statement is correct. According to the Stockholm International Peace Research Institute (SIPRI) report, India was indeed the largest importer of arms during the period of 2016-2020. This highlights the country's reliance on foreign arms to meet its defense requirements.

Statement 2: Domestic arms companies provide more than 50 per cent of India’s total volume of defence procurement in 2016-20.
- This statement is incorrect. While India has been making efforts to boost its domestic defense manufacturing capabilities through initiatives like 'Make in India', the SIPRI report indicates that domestic arms companies did not contribute more than 50% of India's total volume of defense procurement during 2016-2020. India still relies significantly on imports to meet its defense needs.

Conclusion: In conclusion, while India remains the largest importer of arms for its armed forces, the contribution of domestic arms companies to the country's defense procurement is not as significant as the statement suggests. India's efforts to enhance its indigenous defense manufacturing capabilities are ongoing, but foreign imports continue to play a crucial role in meeting the country's defense requirements.
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Consider the following statements with respect to Stockholm International Peace Research Institute (SIPRI) report on weapons imports:1. India was the largest importer of arms for its armed forces in 2016-20.2. Domestic arms companies provide more than 50 per cent of India’s total volume of defence procurement in 2016-20.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer?
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