India to sign defense pacts with Russia
Updated: 2012-12-22 21:37
(Xinhua)
|
||||||||
NEW DELHI - India is likely to sign defense pacts with Russia worth 25,000 crores Indian rupees (5 billion U.S. dollars) during Russian President Vladimir Putin's visit in this country next week, local media reported Saturday.
The defense pacts will include two mega deals for the supply of 42 more Sukhoi-30 MKI fighter jets and 59 additional Mi-17 V5 armed choppers, The Times of India newspaper reported.
The 42 new Sukhois, to be produced under license by state-owned Hindustan Aeronautics, will add to the 230 Sukhois earlier contracted from Russia, the report said, adding that the price tag of the total consignment stands at 12 billion U.S. dollars.
The medium-lift Mi-17 V5 helicopters will add to the 80 such choppers already being inducted under a 1.34 billion U.S. dollars deal inked in 2008 with Russia, the newspaper said.
Russian President Vladimir Putin is to arrive in India Monday.
India is Russia's number one arms importer and Russian defense equipment accounts for nearly 70 percent of Indian arms supplies.
- India to set up 1st foreign drug office in China
- Asean and India now strategic partners
- India testfires nuclear-capable Prithvi II ballistic missile
- China's Wanda expands into India
- Summit will be a boost for Asean-India ties
- India keeps lending rate at status quo
- India cuts growth forecast
- India and Thailand ready for a big lift in trade
- Relief reaches isolated village
- Rainfall poses new threats to quake-hit region
- Funerals begin for Boston bombing victims
- Quake takeaway from China's Air Force
- Obama celebrates young inventors at science fair
- Earth Day marked around the world
- Volunteer team helping students find sense of normalcy
- Ethnic groups quick to join rescue efforts
Most Viewed
Editor's Picks
Supplies pour into isolated villages |
All-out efforts to save lives |
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
Today's Top News
Health new priority for quake zone
Xi meets US top military officer
Japan's boats driven out of Diaoyu
China mulls online shopping legislation
Bird flu death toll rises to 22
Putin appoints new ambassador to China
Japanese ships blocked from Diaoyu Islands
Inspired by Guan, more Chinese pick up golf
US Weekly
Beyond Yao
|
Money power |