Counting the May 2025 Conflict
The Argument
India absorbed between $2.3bn and $5.3bn in realised costs; Pakistan between $160m and $420m.
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Summary
A source-based financial and strategic accounting of the May 2025 conflict: Operation Sindoor and Marka-e-Haq. Forty pages, seventy-five cited sources, and four tiers of evidence, sequenced so the reader starts inside India’s own admissions before a single Pakistani source is introduced. It documents the aircraft losses, the cost asymmetry, and the strategic balance that emerged.
Read the summary article: What May 2025 Actually Cost
Suggested Citation
Playbook Editorial (2026). Counting the May 2025 Conflict. Strategic Assessment Paper. London: The Pakistan Playbook, Captiv8 Strategies (UK) Ltd. https://thepakistanplaybook.com/research/counting-the-may-2025-conflict/
