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Tags archives: largest-military-spender

India is fifth largest military spender with outlay of $55.9 bn: SIPRI

India was at fifth place on the list of the world’s highest spenders on defence in 2016 as global military expenditure rose for a second consecutive year to $1,686 billion, according to a new report. New Delhi’s military expenditure grew by 8.5% last year to $55.9 billion, according to the Stockholm International Peace Research Institute’s annual report on defence spending. The United States remained at the top of the list, […]