India, Russia discuss missile |
India`s defence minister Manohar Parrikar discussed several military projects with his Russian counterpart Sergei Shoigu in Moscow. This Indo-Russian meeting of the inter-governmental commission on military-technical cooperation sets the stage for the inking of different agreements during the Modi-Putin summit in Moscow in early-December.India is finalizing the procurement of ten S-400 systems, which can destroy hostile aircraft, stealth fighters, missiles and drones at ranges up to 400-km. This will be a game-changing acquisition. Though the cost of the government-to-government deal will be decided through negotiations, it will be upwards of $5 billion, making it one of the largest-ever arms contract to be inked with Russia. The Modi government is keen to kickoff the almost $1 billion project for the manufacture of around 200 Russian Kamov Ka-226T light utility helicopters under the "Make in India" policy by the next financial year. India is also on course to acquire a second nuclear-powered submarine on a lease from Russia.Indian Navy had inducted the first Akula-II submarine, christened INS Chakra, on a 10-year lease from Russia in April 2012, under a secret $900 million deal inked way back in January 2004.
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