Russia Deals on The Rise
Just after a month after India signed the 39,000 crores for S-400 systems from Russia, a new deal for two new stealth frigates to be built in India was signed today. Russia’s state-run arms exporter Rosoboronexport and India’s Goa Shipyard Limited (GSL) signed the contract in New Delhi to build the Grigorovich-class ‘Project 1135.6’ frigates with technology transfer from Russia. The deal comes just weeks after the two countries inked a nearly $1 billion deal to import two other such warships from Russia. Those ships are being built at the Yantar Shipyard in Kaliningrad and are expected to be delivered to the Indian Navy by 2022-23. Russian defense major Rosoboronexport is understood to have emerged as the lowest bidder in the Indian Army's tender for procurement of a batch of short-range air defense missile systems, official sources said Monday. However, this will be one other test whether it can secure a waiver from the USA from the Countering America’s Adversaries