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India to buy Russian weapons worth 14.5 bln dollars
International

India to buy Russian weapons worth 14.5 bln dollars

Agency News

Vladivostok, Sep 4 : India has ordered $14.5 billion worth of Russian weapons and military equipment, Russian authorities confirmed on Wednesday, qualifying this as a breakthrough.

"The last year and this day are marked with a huge order portfolio of $14.5 billion. This is a truly significant figure, this is really a breakthrough," Sputnik quoted the head of Russian Federal Service of Military-Technical Cooperation Dmitry Shugayev as saying.

He added that the countries had settled all the problems related to defense payments, which had emerged due to sanctions.

India's content of Russia's Ka-226 helicopters production may reach 80 percent, while the content of Kalashnikov rifles production may reach 100 percent, according to Shugayev.

India is among the top three arms importer from Russia. (UNI)