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23/5/2013 11:38
RIA Novosti

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India to Buy $3 Bln Worth of Russian Warplanes, Helicopters

Topic: Russia-India partnership

14:29 24/12/2012
Tags: Mi-17V-5, helicopter, Su-30MKI Flanker-H, India, Russia

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NEW DELHI, December 24 (RIA Novosti) - Russia is to sell India dozens of combat helicopters and warplanes under two $2.9 billion contracts signed on Monday.

Under one contract, India will buy 71 Mi-17B-5 Hip helicopters worth $1.3 billion, while the other provides for the delivery of assembly kits for 42 Su-30MKI Flanker fighters, worth $1.6 billion.

The two countries also signed a number of cooperation agreements in the defense and technology sector, notably between Russian Helicopters and Elcom Systems Pvt Ltd.

A memorandum of understanding between Russia’s FarmEco and India’s Elder Pharmaceuticals Ltd and a strategic partnership agreement between Russia’s OAO NIS and India’s TATA Consultancy Services were also signed.

 

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RIA NovostiSu-30MKI India to Buy $3 Bln Worth of Russian Warplanes, Helicopters

14:29 24/12/2012 Russia is to sell India dozens of combat helicopters and warplanes under two $2.9 billion contracts signed on Monday.>>

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  • shanksinhaLong Term Game
    12:23, 25/12/2012
    These deals were in the pipeline for a long time now. Their conclusion is a satisfactory development. The 42 Su-30MKI are most probably the Super Sukhoi variants with the added ability to carry Brahmos ALCM. Still bigger deals are in the offing with the PAKFA/FGFA deal amounting to a record breaking USD 30 bln!




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