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Putin Signs $2.9 Billion IndianDeals in Trip to Top ArmsBuyer

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Russia sealed $2.9 billion of
weapons contracts with India
as President Vladimir Putin
visited his nation’s top arms
customer for the first time
since returning to the Kremlin
in May.
Deals include supply of kits
worth $1.6 billion for
Hindustan Aeronautics Ltd.
(HNAL) to assemble 42
Sukhoi Su-30MKI jets, made
by United Aircraft’s Irkut
Corp., and 71 MI-17 V-5
helicopters worth $1.3 billion,
according to the Kremlin.
India, the world’s largest arms
importer in 2011 according to
the Stockholm International
Peace Research Institute ,
has at least doubled its
defense budget over the last
decade as it looks beyond a
traditional rivalry with
Pakistan to counter China’s
rising power. Russian-Indian
defense cooperation is at an
“unprecedented level,” then-
President Dmitry Medvedev
said a year ago after Singh
visited Moscow.
Russia , has dominated
weapons sales to India. In the
past decade, 77 percent of
India’s defense imports came
from Russia, while 2 percent
came from the U.S.,
according to a June 2012
report by the Center for
Strategic and International
Studies, a research institution
in Washington.
Then-Defense Minister Anatoly
Serdyukov said Oct. 10 that
Russia planned to sign a deal
to ship 42 Sukhoi jets to India
by the year-end, the RIA
Novosti news service reported.
India has already received
about 150 Russian jets,
according to the Moscow-
based Center for the Analysis
of Strategies and Technologies.
India also inducted a Russian-
built nuclear-powered attack
submarine into its navy in
April, while state-owned
Rosatom Corp. is helping the
Asian nation build an atomic
power plant.
India has been “Russia-
oriented for a long time,”
Barry Watts, a senior fellow at
the Center for Strategic and
Budgetary Assessments, a
public policy group in
Washington, said in a
telephone interview. New
Delhi likes that Moscow is
more willing to share weapons
technology, even if it’s not
the most advanced, Watts
said.
Still, the U.S. dominates
global arms sales, accounting
for $66.3 billion in 2011,
according to an Aug. 24
report by the Congressional
Research Service . That was
the highest single-year total in
the history of the country’s
arms export program and
more than triple the $21.4
billion in deals from 2010,
the report showed.
The U.S., since 2001, has sold
India about $8 billion of
military weapons and gear,
including Lockheed’s C-130
and The Boeing Co. (BA) ’s
C-17 cargo planes, according
to the CRS report.
India’s Defense Ministry last
month selected 22 Apache
attack helicopters and 15
Chinook heavy-lift choppers
made by Boeing in an order
valued at $2.4 billion.
India this year chose the
Rafale fighter aircraft made by
Paris-based Dassault
Aviation SA (AM) for an $11
billion, 126-plane order
instead of offerings that
included Lockheed’s F-16 and
Boeing’s F-18.
Russian defense-industry
exports have exceeded $14
billion this year, higher than
the government’s target, Putin
said last week. The country
has signed new contracts
worth $15 billion in 2012, he
added.
Russia’s arms trade with India
“will develop more actively”
after the visit, Yuri Ushakov ,
Putin’s foreign-policy aide,
said Dec. 18 in an interview.

Putin Signs $2.9 Billion Indian Deals in Trip to Top Arms Buyer- Bloomberg
 
. . . .
As much as we criticize the Russkies for late deliveries/ overbudget, etc., they have been our true and trusted friend for more than 4 decades now. Atleast, with them, we are for sure not ending up like Pak and US. They have proved again and again, they are ready to partner us in new defence technology development. What I like about them , though they sell weapons to China, they are very open with it. No back stabbing like uncle sam :bunny:

Lets face it. Russia are friends to both India and China. Atleast, as a friend we are sure to benefit in the future.
 
.
As much as we criticize the Russkies for late deliveries/ overbudget, etc., they have been our true and trusted friend for more than 4 decades now. Atleast, with them, we are for sure not ending up like Pak and US. They have proved again and again, they are ready to partner us in new defence technology development. What I like about them , though they sell weapons to China, they are very open with it. No back stabbing like uncle sam :bunny:

Lets face it. Russia are friends to both India and China. Atleast, as a friend we are sure to benefit in the future.

Sir , you....live in Russia ?
 
.
As much as we criticize the Russkies for late deliveries/ overbudget, etc., they have been our true and trusted friend for more than 4 decades now. Atleast, with them, we are for sure not ending up like Pak and US. They have proved again and again, they are ready to partner us in new defence technology development. What I like about them , though they sell weapons to China, they are very open with it. No back stabbing like uncle sam :bunny:

Lets face it. Russia are friends to both India and China. Atleast, as a friend we are sure to benefit in the future.

Thats true, Russia is our best ally, anyone trusting the us too much does not have his brain in the right place
 
. . .
Even after ordering 270 odd fighters we have to assemble them from the knocked down kit !!It means for maintenance even spare parts are delivered from Russia . Where is the absorption of technology ??
 
.
As much as we criticize the Russkies for late deliveries/ overbudget, etc., they have been our true and trusted friend for more than 4 decades now. Atleast, with them, we are for sure not ending up like Pak and US. They have proved again and again, they are ready to partner us in new defence technology development. What I like about them , though they sell weapons to China, they are very open with it. No back stabbing like uncle sam :bunny:

Lets face it. Russia are friends to both India and China. Atleast, as a friend we are sure to benefit in the future.

we are allies! =):victory:
 
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we sign deals of 3 billion dollars almost every year and 2 nuke reactors if gets signed then it will be well above 6 billion dollars
 
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Even after ordering 270 odd fighters we have to assemble them from the knocked down kit !!It means for maintenance even spare parts are delivered from Russia . Where is the absorption of technology ??

wrong.. phase-I was importing fighters.., phase-II was assembling knocked down kits, Phase-III includes local manufacture of products.. we are in the last phase.
 
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