‘Russia still a key arms supplier to India’

“The country [India] is one of the main importers of defense products on the global scale, and Russia continues to be one of its key suppliers,” Viktor Komardin said in a Monday interview.

“We expect Rosoboronexport to annually ship at least USD3 billion’s worth of weapons and material under the contracts that have already been signed with the Indian state clients,” he added.

At present, Russian-made military hardware account for nearly 70 percent of weaponry in the Indian Armed Forces.


In 2012, Russia signed more than USD 3.5 billion worth of new arms export deals with India, including the selling of 71 Mi-17B-5 Hip helicopters and supply of assembly kits for 42 Su-30MKI Flanker fighters.

“We are talking over plans to upgrade the country’s fleet of Ka-28 antisubmarine helicopters and Su-30MKIs, and to supply a batch of Mi-17V-5 to the Indian Interior Ministry. There are some other promising projects, too, and not just in aviation,” Komardin said.

The Russian official, however, pointed out that Russia must turn to more advanced forms of military-technical cooperation with India, amid the tightening international competition over a bigger share in the Indian arms market.

ASH/HN

Source Article from http://www.presstv.ir/detail/2013/02/05/287367/russia-still-a-key-arms-supplier-to-india/

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