Today’s date turned to be one more historic day as India stepped toward more modernised technology that will enhance the defence department.
The India and Russia inked a $5.43 billion deal for five S-400 missile system during a summit between Prime Minister Narendra Modi and Russian President Vladimir Putin.
A top government official said, “The S-400 deal was signed today at 1100 hrs by the Joint Secretary Land Systems from India and the Director General, Rosoboronexport of Russia.”
The deliveries of the missiles will start in 24 months, which is end 2020. It is expected that the country would sign few other defence deals which will be announced during the joint statement after the talks.
The S-400 missile of Russia is considered as one of the world’s most updated and advance long-range air defence systems. China was the first country which had endorsed the deal with Russia.
The Russian president was accompanied by a high-level delegation comprising Deputy Prime Minister Yuri Borisov, Foreign Minister Sergey Lavrov and Trade and Industry Minister Denis Manturov in the meeting.
Defence Minister Nirmala Sitharaman said “India has maintained its sovereignty as regards to its relationship with countries. We shall maintain it in all earnestness,” when asked about the interference of the United Nations.
It is informed that Vladimir Putin and Mr Modi would also discuss the important regional and global issues which would even include the US sanctions on the import of Iranian crude oil.
Mr Putin would even see President Ram Nath Kovind today.
After Japan, Russia is the second country with which India holds annual bilateral summits.
It is also shared that the country will also procure 4 Krivak-class frigates from Russia under $2.5 billion deal. Two ships out of 4 will be built at the Goa shipyard and two others will be acquired from Russia.
It was the third time Mr Putin and PM Modi had a meeting this year.