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India Largest Military Spender After United States And China India Largest Military Spender After United States And China KOLKATA, India — India was the third-largest military spender globally in 2020, a report by the Stockholm International Peace Research Institute states. The top spender was the United States followed by China. The institute, which tracks global arms trade and army expenditure, noted that the U.S. accounted for 39 percent of the money spent on military globally, followed by China and India accounting for 13 percent and 3.7 percent, respectively. “The five largest spenders in 2020, which together accounted for 62 percent...
