- As per the report, India’s 3 defence manufacturers companies namely Hindustan Aeronautics Limited (HAL), Indian Ordnance Factories’ and Bharat Electronics Limited (BEL) have secured positions among the top 100 lists at the global level
- The HAL is ranked at 42nd position, BEL at 66th and Indian Ordnance Factories’ is ranked at 60th position in the list
- The companies of India contribute 1.2% of total arms sales of companies in the SIPRI Top 100 list of 2020
- For 2020, India’s aggregated arms sales were $6.5 billion
- The 1st position was marked by Lockheed Martin Corp of US
- The 2nd and 3rd positions are marked by Raytheon Technologies and Boeing respectively
- The top 5 countries who hold the highest share in total arms sales of companies are: US (54%), China (13), UK (7.1%), Russia (5%) and France (4.7%)
- Static Part:
- HQ of SIPRI: Sweden
Question:
Ques:1: Which company topped in ‘Top 100 arms-producing and military services companies, 2020’ released by Swedish think-tank Stockholm International Peace Research Institute (SIPRI)?
a. Lockheed Martin Corp
b. Boeing
c. Raytheon Technologies
d. Aviation Industry Corporation of China
a. Lockheed Martin Corp
b. Boeing
c. Raytheon Technologies
d. Aviation Industry Corporation of China