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Russia remains India's leading military supplier: President Putin

IANS  |  Moscow 

President has said remains one of India's leading suppliers of advanced weapons and defence technology as "is Russia's especially privileged strategic partner".

"Our countries actively collaborate in the military technical field. remains in the lead in terms of both direct supplies of most advanced weapons and military equipment and conducting joint researches with India, as well as producing goods for military purposes," Putin told IANS/Sputnik in an exclusive interview ahead of his visit to for the five-nations BRICS Summit in Goa this weekend.

"The construction of the BrahMos supersonic cruise missile and the development of a new, fifth generation fighter aircraft are mong the successful joint projects," Putin said.

He said many of the Russian projects in not only have commercial importance but also play a significant social and economic role for the economies of the two countries.

Putin said such projects "harmoniously fit in the new Indian industrialisation programme", a reference to Prime Minister Narendra Modi's "Make in India" initiative.

"Russian companies see real prospects and high attractiveness of the Indian market," Putin said.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, October 13 2016. 13:08 IST
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