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Russia, India Sign Defence Deals Worth Rs 43000 Crore

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Among the agreements expected are Moscow's delivery of its most advanced anti-aircraft defence system to India, a deal that has been in the pipeline for several years.

An agreement between India and Russian Federation was signed in December 2008 for setting up Kudankulam's units 3 to 6.

India, South Africa, Brazil and Russian Federation conveyed their appreciation to China for its offer to host the Ninth BRICS Summit in 2017 and extended their full support, said the declaration.

Russian Federation will also supply five S-400 air defence systems to India for United States dollars 5.5 billion, four Grigorivich-class frigates for USD 4 billion and 200 twin-engine Kamov-226T choppers for USD 1 billion.

"Tragically the mother ship of terrorism is a country in India's neighborhood", Modi said without naming Pakistan.

Designed by the Almaz-Antey Central Design Bureau, the S-400 Triumf, referred to as SA-21 Growler by North Atlantic Treaty Organisation, is considered one of the most advanced long-range defence systems in the world.

Modi said the "highly productive" outcomes of the meeting clearly establish the special and privileged nature of strategic partnership between the two countries.

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Russian Federation has slowly fought back and offered a slew of equipment, even under the "Make in India" initiative. "Agreements on manufacturing Kamov-226T helicopters; constructions of frigates; and acquisition and building of other defence platforms are in synergy with India's technology and security priorities", said Modi.

Under the IGA, the Indian Navy will also procure three Project 11356 frigates. Prime Minister Modi said that unit 2 of Kudankulum and foundation of unit 3 and unit 4 are the results of the concrete relation between Delhi and Moscow.

The Kudankulam 1 has been jointly built by the Nuclear Power Corporation of India and Russia's Rosatom and it had started generating electricity in 2013.

"Russia is convinced that India's participation will strengthen the worldwide export control regimes and in this regard welcomed India's application for membership in the NSG, reiterating its strong support for India's early entry into the NSG", said the statement.

An MoU was signed between India's Department of Science and Technology and Russia's Federal Agency for Scientific Organisations.

However, the two countries could not finalise a general framework agreement and the credit protocol for Kudankulam Units 5 and 6 which they chose to do so by the end of this year. "I don't think it's amusing when you have a nation like Russian Federation that has engaged in activity to destabilize elections in countries - Ukraine, Estonia, they've engaged in that activity".

"It also highlights our strong convergence of views and positions on pressing global and regional issues", he said.

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