In a significant shift in the global arms trade landscape, Armenia has surpassed other nations to become India's largest arms importer, according to a recent survey by the Finance Ministry.
This surge in arms purchases, totaling $600 million by the beginning of the current fiscal year 2024-25, is largely attributed to the acquisition of advanced weapon systems such as the Pinaka multi-barrel rocket launcher and the indigenously developed Akash surface-to-air missile system.
The Pinaka and Akash systems have proven to be highly effective platforms, and their acquisition by Armenia is seen as a crucial step in strengthening the nation's defence capabilities. The Pinaka, with its ability to deliver a high volume of fire over a wide area, provides a significant advantage in artillery support. Meanwhile, the Akash missile system, known for its accuracy and mobility, bolsters Armenia's air defence network.
The surge in arms imports by Armenia has garnered attention from analysts and policymakers worldwide, particularly in the context of ongoing tensions with neighboring Azerbaijan. The long-standing conflict over the Nagorno-Karabakh region has fueled an arms race in the South Caucasus, with both Armenia and Azerbaijan seeking to modernize their military capabilities.
Experts believe that Armenia's increased arms purchases is driven by a combination of factors, including regional security concerns and the desire to diversify its sources of military equipment. The recent escalation of hostilities in Nagorno-Karabakh has heightened tensions in the region, prompting nations to reassess their defence strategies.
India's willingness to supply advanced weapon systems to Armenia is seen as a sign of its commitment to deepening bilateral ties and contributing to regional stability. The two nations have a history of cooperation in various fields, including defence, trade, and culture. However, India maintains a balanced approach in the region.
As Armenia continues to bolster its defence capabilities with Indian-made weapons systems, it is likely to have significant implications for the regional security landscape. The increased firepower and technological advancements provided by these systems could significantly boost the capabilities of Armenia.
Furthermore, the growing arms trade between India and Armenia is expected to pave the way for further collaboration in defence research and development. The two nations could potentially explore joint ventures to develop new weapon systems and technologies, further strengthening their strategic partnership.
