New Delhi(ABC Live): After some years back foot position over the price tag of Admiral Gorshkov ,Russia is all set to regain its Top Position in the Indian defence market, as India is all set to ink defence deal with Russia of worth over $1.2 billion to supply 29 MiG-29K fighter jets for Indian Navy.
New Delhi(ABC Live): After some years back foot position over the price tag of Admiral Gorshkov ,Russia is all set to regain its Top Position in the Indian defence market, as India is all set to ink defence deal with Russia of worth over $1.2 billion to supply 29 MiG-29K fighter jets for Indian Navy.
As per information, a Russian team will arrive in New Delhi after Indian Republic day for final considerations on the contract. before it will be place for approval to Cabinet Committee on Security (CCS), chaired by Indian Prime Minister.
The aircraft carrier Admiral Gorshkov price issue has been resolved during Indian Prime Ministers recent Russia visit, after that Indian Defence ministry is also seeking CCS fresh approval Admiral Gorshkovs of $2.3 billion.
As per defence sources Russia with recent defence deals with India has left behind its business arch rivals Israel and United States with Following deals:
1. India has agreed to join the $10 billion Russian project to build the Sukhoi T-50 PAK-FA fifth-generation stealth fighter.
2. The supply 29 MiG-29K fighter jets of worth over $1.2 billion those would be be stationed at Admiral Gorshkov, additional to 16 MIGs that would be Admiral Gorshkov
3. Fresh approval Admiral Gorshkovs of $2.3 billion with Supply year 1013.
Apart from above. under is the list of Indo Russian Defence deals going under supply line:
1. Six Talwar-class stealth frigates for Rs 8,514 crore. Talwar, Trishul and Tabar inducted. Deliveries of Teg, Tarkash and Trikand from 2012
2. 657 T-90S main-battle tanks for Rs 8,525 crore. Over 310 already inducted. Another 1,000 T-90S tanks to be manufactured in India.
