Not its most interesting feature by far, but ImageJ or FiJi can do it : draw an arrow selection (transparent layer) and use the Draw command to solidify it into an embedded Foreground colour arrow.

Thanks Pierre Caulet for suggesting the software along with explaining how to do it .

Dear Manu Khare ,

Positions 1 through 8 are paid platforms, while 9 through 13 are free image annotation tools.

https://www.v7labs.com/blog/best-image-annotation-tools

Regards,

Shafagat