The Economic Times

India 5th largest military spender in world in 2025, SIPRI report mentions May conflict with Pak

India emerged as the fifth largest military spender globally in 2025. The nation's defense expenditure reached USD 92.1 billion. India's nuclear arsenal saw an expansion. A severe military crisis between India and Pakistan occurred in May 2025. Global military spending rose to a record USD 2.9 trillion. Arms imports saw Ukraine, India, Saudi Arabia, Qatar, and Pakistan as top recipients.