Russia, India sign defence deals worth Rs 43,000 crore

The most critical deal signed on Saturday was the Inter Governmental Agreement for the purchase of S-400 long-range air defence missile system.

By: PTI | Benaulim | Updated: October 15, 2016 9:42 pm
India Russia defence deal, Narendra Modi, Vladimir Putin, Modi Putin, Russian air defence systems, news, latest news, India news, national news, Russia news, international news, world news Amid India’s growing defence ties with the US and the Europe, PM Modi asserted that Russia will remain India’s major defence and strategic partner. (source: AP)

Ramping up defence ties, India and Russia on Saturday announced deals worth about Rs 43,000 crores for purchase of state-of-art Russian air defence systems, collaboration in making four stealth frigates and setting up facility for joint production of Kamov helicopters. The decisions were taken during talks between Prime Minister Narendra Modi and Russian President Vladimir Putin that covered a wide range of areas including defence.

Watch: MoUs being signed between India and Russia

Amid India’s growing defence ties with the US and the Europe, Modi asserted that Russia will remain India’s major defence and strategic partner. The most critical deal signed on Saturday was the Inter Governmental Agreement for the purchase of S-400 long-range air defence missile system which has the capability to destroy incoming hostile aircraft, including stealth, besides missiles and drones at ranges of up to 400 km.

India is looking at buying at least 5 such systems, which will give the country a quantum jump in its capability against incoming missiles, including ballistic, besides drone or aircraft from both Pakistan and China. India plans to deploy three such systems along the border with Pakistan and two along the border with China.

Sergei Chemezov, CEO of Rostec State Corporation, Russia umbrella organisation encompassing over 700 high-tech companies including all military firms, said that the contract negotiations for the air defence systems will start now and it is hoped that it will be formalised by mid next year. Speaking to a select group of journalists, Chemezov said that if all goes well the system will start getting delivered to India in 2020.

“S-400 is a state of art system and most modern and advanced air system which is vital for a country that wants to secure itself,” he said. Sources said that each system, having eight launchers, a control centre, radar and 16 missiles as reloads, would cost over USD one billion each.

It is capable of firing three types of missiles, creating a layered defence, and simultaneously engaging 36 targets. It can hit targets at a speed of 17,000 km an hour. This is faster than any aircraft in the world.

India will be the second customer of the prized missile system after China which had struck a USD 3 billion contract last year.

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  1. K
    Kanagavalli
    Oct 15, 2016 at 10:49 pm
    So HINDIOTS are buying RUSSIAN JUNK FROM THE SHIP GRAVEYARDS!
    Reply
    1. M
      Mihir
      Oct 16, 2016 at 3:20 pm
      Great!!
      Reply
      1. K
        Kaliyug
        Oct 15, 2016 at 4:53 pm
        The West and Russia are both selling Paper Tigers to India, neither is stan going to use its nuclear weapons nor is India, all India is doing is draining away development funds that could make India another Singapore or Switzerland. Make in India should be priority number one for India, the scientific minds abounds in India, the lack of proper people placed in proper places is what is lacking. Resources for Research and Development is stolen for self development. Stop corruption and India will shine!
        Reply
        1. D
          DD
          Oct 15, 2016 at 7:42 pm
          ever noticed generals having medals on their unform..lt;br/gt;best part is stan has never won a war..lt;br/gt;it seems the generals get medals based on who runs away from the battlefield and reaches home first..lt;br/gt;ha ha ha ha
          Reply
          1. D
            DD
            Oct 15, 2016 at 8:30 pm
            whats the first thing a staani learns after he is born?lt;br/gt;lt;br/gt;allah ke naam pe kuch de de baaba..lt;br/gt;lt;br/gt;lt;br/gt;ha ha ha ha
            Reply
            1. D
              Dr.Goel
              Oct 15, 2016 at 8:37 pm
              Modi will be supported (since he is an elected leader) by all Indians, though he is illiterate and a little extreme yet a nationalist. lt;br/gt;lt;br/gt;He must note in the Indian tradition foreign policy needs a statesman and not an oil selling shopkeeper. Thus he must note India and Russia are brothers and Mr. Putin a loyal, brilliant leader. Thus Modi must not allow his Jewish links to influence relations between India and Russia. Modi must be guided by nationalistic, brilliant advisers and not semi-literate people who know nothing and are entrapped by the Jews. lt;br/gt;lt;br/gt;Let Modi be pals with the Jews but this has nothing to do with two people the Indians and Russians who in no way are opportunists. Besides Modi must note the Jews and China are one and the Jews have invested greatly in China politically and economically. Mr. Putin is a true hero in India and most of the world.
              Reply
            2. G
              g
              Oct 16, 2016 at 12:26 am
              And - valli buys it from t a l i ban
              Reply
              1. G
                g
                Oct 16, 2016 at 12:26 am
                With that s t u pid comparison you have run out of originality and arguments.
                Reply
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