India 6th biggest military spender in '15: SIPRI
The Stockholm International Peace Research Institute (SIPRI) has ranked India 6th in its biggest military spenders list for 2015. SIPRI's study found that India's military expenditure was $51.3 billion last year. The United States topped the list with military expenditure of $596 billion. Notably, another study had recently ranked India as the world's fourth largest military spender.