Wednesday, January 4, 2012

Russian Media Says--United States Next Year Will Replace Russia As India’s Largest Arms Importer


According to the Russian world arms trade center site on 20 January reported that Russia will continue to be India’s first year major source of arms for the country. It is estimated that Russia and India in 2012 on weapons and military equipment exports will total about $ 7.7 billion, is expected to account for the total amount of Russian arms exports to over 60% of India’s arms imports accounted for about 80%. However, from 2013, Russia and India as the largest source of arms for the country’s position will be replaced by the United States. 

Russian World Weapons Analysis Center released U.S. report shows that Russian-Indian military-technical cooperation in the field this year will implement a number of major trading scheme. It should be noted that a considerable part of the transaction which is based on a previous contract implementation. Among them, one of the highest value end of the year was undoubtedly the Russian deliveries to the Indian Navy, “Admiral Gorshkov” aircraft carrier. For modernization of the cost of the ship has been changed several times and eventually freeze-frame 23.4 billion. The second major deal between Russia and India for the delivery of two 1135.6 frigate, with a total value of about $ 1 billion. Russia ranked third in the transaction in January this year for the Indian Navy to lease a 971-type submarines. According to the latest news, the amount of the transaction will involve up to $ 920 million.

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