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Orders worth Rs 96-cr for weapons produced at Russia-India JV
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Orders worth Rs 96-cr for weapons produced at Russia-India JV

Agency News

Moscow, Jul 9 : Ahead of the second Russia-India Strategic Economic Dialogue, Russia's Federal Service Director for Military-Technical Cooperation Vladimir Drozhzhov on Tuesday said the total amount of orders for weapons produced at Russia-India joint venture enterprises is about Rs 96-crore.

"It should be noted that currently there is a large portfolio of orders for the supply of weapons and military equipment [made at joint Russia-India ventures] to India, it is about $14 million," Drozhzhin said. "There are promising [Russia-India] joint venture projects. BrahMos has already proved to be very effective, a joint venture for the production of Ka-226 helicopters has been established, just recently a joint venture for the production of Kalashnikov assault rifles has been created," Drozhzhov said.

In early October 2018, Moscow and New Delhi concluded a contract on the deliveries of Russia's S-400 missile systems to India worth over $5 billion. The deal was signed during Russian President Vladimir Putin's two-day visit to India.

The S-400 is an advanced mobile air defence missile system which can carry three different types of missiles capable of destroying a variety of aerial targets at a short-to-extremely-long range, from reconnaissance aircraft to ballistic missiles.

Sanctions

Speaking on the US sanctions which Russia had already shrugged off against its arms manufacturer, Drozhzhov said that sanctions pressure will not prevent Russia from participating in Indian arms procurement tenders, including on purchase of 110 fighter jets, or deliveries of Russian weaponry if Moscow wins the Indian tender.
Russia's MiG corporation earlier reported that the new Russian MiG-35 light fighter, which is participating in the Indian Air Force tender for the purchase of 110 aircraft of this class, will cost New Delhi too less than its foreign competitors.

Lauding the efforts of India in this regard Mr Drozhzhov said that sanctions do not bring anything good to anyone. "Everyone understands this very well, so we are forced to find ways to circumvent them. We are grateful to our Indian partners for taking efforts in this respect', he said. The official also stressed on the fact that both India and Russia have found solutions for a project like the S-400. "We have found ways to cooperate on the Project 11356 frigates and Kalashnikov assault rifles, I hope that we will find the same solutions for the supply of fighter jets, and I see good prospects of our participation in the upcoming [light fighter] tender," he said.

Russia expects advance payment

The Deputy Director apprised that Russia is hoping to receive an advance payment for S-400 air defence systems from India by the end of 2019 so that the deliveries may begin in 2020 and be completed by 2025.

"The [payment] scheme has been agreed, and I hope that the first payment will soon be transferred by the Indian side," Drozhzhov said. Mr Drozhzhov also explained that the first system should be delivered by the start of 2021.

Joint Construction of Submarines

India has announced a tender for the purchase of six diesel-electric submarines armed with land attack and anti-ship cruise missiles, in which Russia participates with Project 636 and 1650 Amur-class vessels. In the tender for the supply of submarines to the Indian Navy Russia offers joint construction rather than licensed production of the boats, which is more profitable in technological terms.

“We offered India to build a submarine on the basis of our Amur-1650 project ... We do not offer licenced production, we propose to jointly design the boat and jointly build the lead vessel,” Drozhzhov said. According to the official, the Indian side will possess all the technological possibilities for the construction of the series after that. Naturally, such cooperation would involve the transfer of all technologies for its creation. Moreover, we offer the installation of the BrahMos missile system on this boat. This project can be successfully implemented in the interests of the two countries," Drozhzhov stressed. (UNI)