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India, Russia likely to sign key defence deals

Press Trust of India  |  Benaulim (Goa) 

Ramping up bilateral ties, and are likely to sign key defence deals worth billions of dollars tomorrow as Moscow hopes to stave off tough competition from the Americans and the Europeans to continue being New Delhi's foremost defence supplier.

While and will sign a "complex agreement" forproductionof 200Kamov226T helicopters domestically under a nearly USD 1 billion deal to replace the country's ageing Cheetah and Chetakchoppers, a deal on naval frigates is also likely.

Russian media reports have said other major deals will be signed too.

The most strategic important military deal will be the one for the supply of S-400 'Triumf' long-range air defence missile systems which has the capability to destroy incoming hostile aircraft, missiles and even drones at ranges of up to 400 km.

Russian presidential aide Yuri Ushakov has been quoted as saying by TASS agency that the deal for the air defence system will be signed.

and have been in talks for over a year for the purchase of at least S S400 systems that will be a game changer in the region.

It is capable of firing three types of missiles, creating a layered defence, and simultaneously engaging 36 targets.

If signs the deal, it would be the second customer of the prized missile system after China which had struck a USD 3 billion contract last year.

Other contracts that both countries are eyeing relate to the Fifth Generation Fighter Aircraft, leasing of a second nuclear submarine by and production of a new version of the BrahMos missile.

While has traditionally being India's main defence supplier, recent years have seen American and European companies making a big headway.

has slowly fought back and offered a slew of equipment, even under the 'Make in India' initiative.

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

First Published: Fri, October 14 2016. 21:28 IST