India is world’s 3rd largest military spender, expense rose by 6.8% in 2019
China’s military expenditure reached $261 billion in 2019, a 5.1 % increase compared with 2018
India’s military spending grew 6.8 % to touch $71.1 billion outpacing Japan ($47.6 billion) and South Korea ($43.9 billion)
NEW DELHI : The US, China and India were the world’s three biggest military spenders in 2019, followed by Russia and Saudi Arabia. The two Asian countries made it to the top three for the first time, the Stockholm International Peace Research Institute (Sipri) said on Monday.