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• 2023 report Asia security defence budget defence expenditure Defence Strategy global military ranking India armed forces India military spending military investments SIPRI report
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INDIA RANKS FOURTH IN MILITARY SPENDING IN 2023: SIPRI.

Why in the news? India ranked fourth globally in military spending in 2023, with rising costs driven by personnel and operations. source:scribd About the Global Ranking: India ranked as the fourth largest military spender globally in 2023, with an expenditure of $83.6 billion. The top three spenders were the United States, China, and Russia, with …