India Russia Defence Deals

The aim of the MoU is to cooperate and undertake joint projects and operations for defence systems

India's defence purchases from the United States have reached $17 billion since 2007 as it has pivoted away from traditional supplier Russia

Prime Minister Modi and President Putin held a bilateral meeting on the margins of the BRICS Summit on Wednesday and they reviewed the progress made in the bilateral ties

President Putin reiterated the invitation to Modi to visit Moscow to participate in the Victory Day celebrations next year, which the prime minister gladly accepted

$12 billion of Make In India projects in hand, Moscow eyeing $25 billion more

During their joint address to the media, President Putin said Russia has been a reliable partner to India in the field of defence for the last five decades

The arrangement would enable India to pay the first installment soon for two warships that Russia is building for its navy, said sources

Russia was India's biggest supplier from 2014-18; deals worth $15 billion more in pipeline