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India military spending jumps 8.9 percent to 92.1 billion as global spending hits record growth
Economy
Published on 27 April 2026
A May 2025 flashpoint helped push the spike
Global military spending climbed to $2.887 trillion in 2025 for an 11th straight year. India ranked fifth, boosting defense budgets by 8.9% to $92.1 billion. The report links part of the increase to the India-Pakistan conflict in May 2025, with the United States, China, Russia, and Germany also among the biggest spenders.
- Global military spending reached $2.887 trillion in 2025
- India’s defense spending rose 8.9% to $92.1 billion
- May 2025 India-Pakistan conflict contributed to the rise
- U.S., China, Russia, Germany and India were top spenders
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times