Global military spending surged to a record $2.718 trillion in 2024, marking the steepest increase since the Cold War. India ranks as the fifth-largest military spender, allocating $86 billion, but faces challenges from China and Pakistan.
Global military spending surged to a record $2.718 trillion in 2024, marking the steepest increase since the Cold War. India ranks as the fifth-largest military spender, allocating $86 billion, but faces challenges from China and Pakistan.