Tag: India Military

Spurred by tensions along its borders, India’s defence spending rose by nearly six per cent to $81.4 billion last year, ranking it fourth in military expenditures, according to an analysis by SIPRI, the premier think-tank tracking military spending. The increase in India’s spending was attributed to “the effects of its border tensions with China and Pakistan” by the Stockholm Peace Research Institute better known by its initials, SIPRI, in the latest edition of its Trends in World Military Expenditure report released this week. New Delhi’s “expenditure on capital outlays, which funds...