India spends third highest in the world on military
According to the Stockholm International Peace Research Institute (SIPRI), India’s military expenditure is the third highest in the world behind the US and China.
Top Five: The United States, China, India, the United Kingdom, and Russia.
Military spending in India is amounting to $76.6 billion in 2021 which grew by 0.9% from 2020. Russia has also increased its military expenditure for the third consecutive year.
SIPRI Headquarters: Solna, Sweden.
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