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With 60 per cent of India’s capital acquisition being met through imports, the country has emerged as one of the biggest importer of defence equipment in the world, accounting for 12.77 per cent of all global arms transfers in the world for the seven years period from 2011 to 2017. The cumulative Indian arms imports, for the same period, were more than the combined total of the next two biggest importers namely, Saudi Arabia (8.37 per cent) and the UAE (4.25 per cent). But it is heartening to see that India’s arms imports reduced significantly in the years 2017 and 2018.

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By Cdr (Dr) Jayakrishnan N Nair

Commander (Dr) Jayakrishnan N Nair (Retd), is an Avionics Engineer by profession. He has served the Indian Navy for 25 years. He is a Fellow of Institution of Engineers, Kolkata and a DRDO TDF Expert. He is a member of Aeronautical Society of India. He is also a Life Member of All India Management Association, the Computer Society of India and Indian Society of Training and Development. Apart from an MTech (Aero) and MBA, he has been honoured with a Doctorate in Advanced Studies (Science) by the University of Azteca, Mexico. He is an Associate Member at MP-IDSA, New Delhi and Senior Fellow (Defence and Military Analysis) at the Centre for Public Policy Research.

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