Stockholm, India was the fifth largest military spender in the world, with an expenditure of USD 92.1 billion in 2025, according to a report by an international think-tank, which also mentioned the "unusually severe military crisis" that erupted between India and Pakistan last year.
In its annual assessment report launched on Monday, the Stockholm International Peace Research Institute (SIPRI) also said that India has approximately 190 nuclear warheads as of January 2026, compared to Pakistan's estimated stockpile of 170.
