Akula class SSN Vepr ( Source- Wikimedia Commons / Ilya Kurganov) Source- Russia & India Report An agreement on leasing another Russian nuclear-powered submarine to India is to be signed at the Russian-Indian summit in December, a source at India’s Defense Ministry told TASS. The possibility of leasing a second submarine from Russia will be studied when India’s Defense Minister Manohar Parrikar will visit Moscow next week," the source said. "Parrikar will hold talks on this strategic project with his Russian counterpart Sergey Shoigu. After the ten-year contract is signed another two or three years will be required for upgrading the submarine in keeping with India’s requirements," he said. Over the past 45 years Russia and India have established reliable, time-tested strategic ties in the field of defence. India’s armed forces are equipped with Soviet and Russian military hardware 70%, the source said, adding that Russia had always provided its best