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India remains world's fifth-largest military spender, second-biggest arms importer: Sipri | Collector
India remains world's fifth-largest military spender, second-biggest arms importer: Sipri
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India remains world's fifth-largest military spender, second-biggest arms importer: Sipri

India's defence spending rose to $92.1 billion in 2025 as the country continued to modernise its armed forces, while simultaneously expanding defence exports and pushing to become a global manufacturing hub, according to the Sipri Yearbook 2026

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