Press Esc to close
Thursday 26 May 2016
News updated at 5:42 PM IST
Weather
Max: 33.2°C
Min : 22.8°C
In Bengaluru
Partially cloudy

India, Russia to ink $4 bn defence deals

Last updated: 11 March, 2010
New Delhi, Mar 10, DH News Service:

In what may reaffirm Russiaís position as Indiaís most trusted and largest military supplier, New Delhi is expected to ink defence deals worth $ 4 billion during Russian Prime Minister Vladimir Putinís working visit beginning on Friday.

 Vladimir Putin

The two almost sure-fire deals are for procuring an additional 29 MiG-29K fighters for the Indian Navy at an estimated cost of $1.2 billion. India is also expected to place orders for 50 more Sukhoi Su-30MKI multi-role fighters for the Indian Air Force. The Air Force has 120 Sukhoi fighters and it is proposed to increase the strength to 280 by 2015 to make it the mainstay of the force.

Even though there was no confirmation from the defence ministry, the Cabinet Committee on Security, which met here during the day, is believed to have approved a new offer price of $2.34 billion for the procurement of the refitted Russian aircraft carrier “Admiral Gorshkov”, as against the original contract amount of $974 million.

Rechristened “INS Vikramaditya”, the carrier is undergoing repairs and refit at the Sevmash shipyard in Russia.

As per the original contract, Russia should have handed over the carrier by 2009-end. But it is now proposed to be delivered to the Indian Navy in 2013-14, provided the revised deal is sealed during Putin’s visit.

The maritime fighters will strengthen India's brand new MiG-29K fleet, which was purchased at $1.5 billion as a part of the Gorshkov deal, under which 16 maritime fighters were procured. Four have arrived at their home base in Goa and two are expected soon.
Originally, the 29 MiG-29K fighters were to be deployed onboard the “Gorshkov”. But the delay in the delivery of the aircraft carrier prompted the Navy to look at another option.

Since there is also an inordinate delay in the development of the indigenous Light Combat Aircraft (LCA), which was to have been deployed onboard the indigenously developed aircraft carrier (IAC), the Navy now proposes to fly the Russian fighter aircraft from the IAC decks.

Defence Minister A K Antony stated in Parliament on Wednesday that the LCA Navy programme was lagging behind the schedule as deficiencies had been detected in the airframe and other associated equipment of the aircraft.

Coming three months after Prime Minister Manmohan Singh’s Russia visit last December, Putin’s trip has a wider agenda which includes bilateral technological and energy cooperation.


Go to Top

Photo Gallery
Girls cover themselves during a dust storm in mathura on Monday...

Girls cover themselves during a dust storm in mathura on Monday...

Renowned sand artist Sudarsan Pattnaik creates a sand art to aware people about water scarcity...

Renowned sand artist Sudarsan Pattnaik creates a sand art to aware people about water scarcity...

English actor Sir Ian McKellen and Bollywood actor Aamir Khan share lighter moments...

English actor Sir Ian McKellen and Bollywood actor Aamir Khan share lighter moments...

A senior Army Officer presents the Sher-e-Kashmir Sword of Honour to a new recruit...

A senior Army Officer presents the Sher-e-Kashmir Sword of Honour to a new recruit...

People watching the air ambulance which crash landed at Kair village in Najafgarh area...

People watching the air ambulance which crash landed at Kair village in Najafgarh area...

Demi Moore poses for photographers as she arrives for The Vogue 100 Gala Dinner...

Demi Moore poses for photographers as she arrives for The Vogue 100 Gala Dinner...

Nuremberg and Frankfurt players jump for the ball during a German first division Bundesliga soccer..

Nuremberg and Frankfurt players jump for the ball during a German first division Bundesliga soccer..

People hang fish to dry on bamboo poles in Mumbai...

People hang fish to dry on bamboo poles in Mumbai...

A cyclist with his daughter pedals his cycle holding an umbrella...

A cyclist with his daughter pedals his cycle holding an umbrella...

An elderly vendor waits for customers of green grass during rains in Srinagar....

An elderly vendor waits for customers of green grass during rains in Srinagar....

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523