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RUSSIA REMAINS KEY SUPPLIER OF WEAPONRY TO INDIA
February 5, 2013 - 14:31 AMT
PanARMENIAN.Net - Russia remains a key supplier of weaponry to India
with good prospects for future military-technical cooperation, RIA
Novosti reported citing Viktor Komardin, Deputy General Director of
Russia's state arms exporter Rosoboronexport.
"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," said Komardin, who heads the Russian delegation at the
upcoming AERO INDIA 2013 international aerospace show.
Last year alone, Russia concluded more than $3.5 billion's worth of
new arms export agreements with India, including the purchase of
71 Mi-17B-5 Hip helicopters and the delivery of assembly kits for
42 Su-30MKI Flanker fighters, while the current portfolio of Indian
contracts is worth more than $7 billion.
"We expect Rosoboronexport to annually ship at least $3 billion's
worth of weapons and material under the contracts that have already
been signed with the Indian state clients," Komardin said.
At the same time, Russia is facing growing competition on the Indian
arms market as New Delhi has been taking serious steps to diversify
military imports over the past few years. At present, Russian weapons
account for about 70 percent of all military hardware in service with
the Indian Armed Forces.
Last year Russian arms exporters suffered two painful losses at Indian
tenders. Russia did not win the contract to supply 22 helicopters to
India, which preferred the US AH-64D Apache to Russia's Mi-28N.
February 5, 2013 - 14:31 AMT
PanARMENIAN.Net - Russia remains a key supplier of weaponry to India
with good prospects for future military-technical cooperation, RIA
Novosti reported citing Viktor Komardin, Deputy General Director of
Russia's state arms exporter Rosoboronexport.
"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," said Komardin, who heads the Russian delegation at the
upcoming AERO INDIA 2013 international aerospace show.
Last year alone, Russia concluded more than $3.5 billion's worth of
new arms export agreements with India, including the purchase of
71 Mi-17B-5 Hip helicopters and the delivery of assembly kits for
42 Su-30MKI Flanker fighters, while the current portfolio of Indian
contracts is worth more than $7 billion.
"We expect Rosoboronexport to annually ship at least $3 billion's
worth of weapons and material under the contracts that have already
been signed with the Indian state clients," Komardin said.
At the same time, Russia is facing growing competition on the Indian
arms market as New Delhi has been taking serious steps to diversify
military imports over the past few years. At present, Russian weapons
account for about 70 percent of all military hardware in service with
the Indian Armed Forces.
Last year Russian arms exporters suffered two painful losses at Indian
tenders. Russia did not win the contract to supply 22 helicopters to
India, which preferred the US AH-64D Apache to Russia's Mi-28N.