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Rs 39,000-cr air defense system deal to be signed between India and Russia

April 05, 2018

 

India and Russia both are going to ink a deal worth Rs 39,000-crore to purchase an anti-air missile defense system from Russia. As per the deal, India will be purchasing the most advanced S-400 Triumf air defence missile systems and as per reports, it is expected to be finalized in October.

The deal is already facing lots of delays which are hampering their procurement. Just a few months back ,India wanted to finalize the deal. However due to price, it was delayed again but things seem to be clear now, as per some reports.

India Defense Minister Nirmala Sitharaman is also on an official visit to Russia to increase military ties with the nation in various spheres.