India now 5th largest defence spender! Expenditure rose to $92bn in 2025 amid global arms race

. India has now become the world’s fifth-largest military spender after its defence budget surged by 8.9 per cent. The spike comes amidst a larger rise in the global military expenditure. According to a report released by the Stockholm International Peace Research Institute (SIPRI) on Monday, global expenditure hit a record $2.89 trillion last year, and India stands in fifth position with a spending of $92.1 billion in 2025. The annual “trends in world military expenditure” report identifies a brief but intense conflict between India and Pakistan in May 2025 as a primary driver for the regional increase. The skirmish,…