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India not happy as world's largest arms importer: Arun Jaitley

India is not happy with the label of world's biggest importer of arms, Defence Minister Arun Jaitley said on Friday. "India has third-largest armed forces in the world. We are also one of the largest importers of defense equipment in the world. This definitely is not a label we are happy with," Jaitley said at the India-Russia Military-Industrial Conference here.

Jaitley, who took charge as Defence Minister for the second time since 2014, said Russia will have a "comparative advantage" in partnering with India in the 'Make in India' program.

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