India's Defence Growth Outpaces China in 2024: SIPRI
SIPRI reports global arms revenue hit a record $679B in 2024. India's HAL, BEL, MDL grew 8.2% to $7.5B, while Chinese firms declined. Explore the shifting dynamics.
SIPRI reports global arms revenue hit a record $679B in 2024. India's HAL, BEL, MDL grew 8.2% to $7.5B, while Chinese firms declined. Explore the shifting dynamics.
HAL, BEL, and MDL feature in SIPRI's global top 100 arms producers list for 2024. However, their combined sales account for only 1.1% of the record $679 billion global market. Read the full analysis.
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Global arms revenues hit a record $679 billion in 2024. While India's top firms saw steady growth, China's revenues dropped sharply due to corruption scandals and delays. Explore the shifting balance of power in Asia's defence industry.
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