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Speed up delivery of S-400 missiles, India to tell Russia Featured

Post by  GNN Business Desk 06 Nov 2019 1 comment 12
S-400 missiles

India wants Russia to speed up the delivery schedule of the advanced S-400 Triumf surface-to-air missile systems ,

which can detect, track and destroy hostile strategic bombers, jets, spy planes, missiles and drones at a range of 380-km, after having now paid the first instalment of around Rs 6,000 crore for them.

The faster delivery of the five squadrons of S-400, under the $5.43 billion (Rs 40,000 crore) deal inked in October 2018, will be discussed in the 19thIndia-Russia intergovernmental commission on military and military technical cooperation (IRIGC-M&MTC) to be held in Moscow on Wednesday, said sources.

India's lease of a Akula-1 nuclear-powered attack submarine under the over $3 billion (Rs 21,000 crore) deal inked in March this year as well as a reciprocal military logistics pact will also be among the issues to figure in the delegation-level talks, which will be co-chaired by defence minister Rajnath Singh and his Russian counterpart Sergei Shoigu.

The Akula-1 submarine is meant to replace INS Chakra, the Akula class submarine taken on a 10-year lease from Russia in April 2012, under the over $900 million deal inked way back in January 2004.

India has also sought an extension of INS Chakra's lease till the Akula-1 submarine is ready for induction into the Indian Navy by 2025 or so.

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