India is among the world's top five defence spenders, says Jane's report

摘要

India is among the world's top five defence spenders with a military budget of $50.7 billion, overtaking Saudi Arabia and Russia, according to a new report released on 12th December. The USA, China and the UK remain the top three defence spenders while India the fourth largest military budget, followed by Saudi Arabia and Russia according to the "2016 Jane's Defence Budget Report", released by research firm HIS Markit.