India World’s Biggest Employer in Defence sector
First Published: 29th October, 2022 11:37 IST
India's Defence Ministry has topped the chart by employing 2.92 million people, followed by the U.S. with 2.91 million.
India can now boast of being the World’s Biggest Employer in Defence sectory leaving behind superpowers like the U.S. and China.
As per a report by the STATISTA, India’s Defence Ministry has topped the chart by employing 2.92 million people. This figure includes combined active service personnel, reservists and civilian staff.
A close second to the India is the US Department of Defense which employs 2.91 million people.
According to Stockholm International Peace Research Institute (SIPRI), the five largest spenders in 2021 in the defence sector were the United States, China, India, the United Kingdom and Russia.
US military spent an amount of USD 801 billion in 2021 while China, the world’s second-largest spender, allocated an estimated USD 293 billion to its military.
Meanwhile, as per the SIPRI report India spent USD 76.6 Billion for it’s military in 2021, which is the third highest in the world.
Statista is a Germany-based private organisation that provides data and statistics about various issues worldwide.
COMMENTS
TOPMOST STORY NOW
Live 12 Bangladeshi Nationals Including 4 Children and Women Detained in Tripura
22nd November 2024Live Meghalaya Minister Rakkam A. Sangma Doubts Congress’ Political Revival in State
22nd November 2024Live Manipur: Bodies of 6 Killed in Jiribam Handed Over to Their Families
22nd November 2024Live 5 Bangladeshi nationals arrested in Meghalaya
22nd November 2024WE RECOMMEND
India has stayed away from ideas of expansionism, resource-capturing: PM tells Guyana Parliament
PM Modi said the relations betwen India and Guyana are very deep and it is a relation of soil, sweat, diligence.
22nd November 2024India to establish ‘Jan Aushadhi Kendras’ in Guyana; increase defence, energy cooperation, announces PM Modi
PM Modi also termed his visit 'the first by an Indian PM to Guyana' as a "significant milestone" for the ties between the two countries.
21st November 2024CBSE X and XII exams 2025 to begin from February 15; datesheet out
The chemistry exam is scheduled to take place on February 27, 2025, and the Business studies exam will take place on February 22.
21st November 2024Punjab Police Arrests 2 Assam Men in ‘Digital Arrest’ Cyber Fraud Case
IP logs from WhatsApp and Skype indicated that the fraudulent calls originated from locations in Cambodia and Hong Kong.
19th November 2024India’s First Hydrogen Train to Roll Out Next Month, Details on route, facilities, speed and more…
This pilot project is just the beginning. Indian Railways plans to deploy up to 35 hydrogen-powered trains across the country
19th November 2024