( Image credits- Wikimedia Commons / Сергей Березов)
Source- Russia & India Report
Russia, which has signed deals worth over $12 billion after the annual Russia-India summit held earlier this month, hopes to finalise a few more major projects shortly. The defence deals signed include India’s lease of a second nuclear submarine, purchase of five S-400 ‘Triumf’ missile defence systems, four frigates and joint manufacture of the Ka-226 helicopters.
As it pitches for more projects, Russia is calling itself not just a business partner but an "ally" who has always stood by India, including during its "darkest hours".
Among the new deals Russia is pushing is a multi-billion dollar deal for the P75-I project, in which six conventional submarines are to be built with Air Independent Propulsion systems. It is also looking at India’s next aircraft carrier project, along with a deal to jointly develop a fifth generation fighter aircraft (FGFA).
India could get delivery of the S-400 in 2020
A top Russian defence official claimed the US and Europeans could never provide India what Russia can and has given and offered.....( To read the complete article, click here)