Portfolio of orders for Russian arms supplies to India exceeds $15 bln in 3 years

LUCKNOW /India/, February 5. /TASS/: The portfolio of orders for Russian arms supplies to India has exceeded $15 bln over the past three years, Deputy Director of Russia’s Federal Service for Military-Technical Cooperation Vladimir Drozhzhov told reporters on Wednesday at the DefExpo 2020 international defense exhibition in Lucknow, India.

"The order portfolio has exceeded $15 bln over the past three years. If we talk about the volume of contracted products, that is, since 1991, this volume has amounted to about $70 bln," he said.

Russia and India are implementing a number of major joint projects in military-technical cooperation. In particular, the production of Sukhoi Su-30MKI fighters, T-90S tanks and BrahMos cruise missiles has been launched in India. The joint ventures for the production of AK-203 Kalashnikov assault rifles (the localization of production will reach 100%) and Kamov Ka-226T helicopters have been registered in India with the assistance of Russia’s Federal Service for Military-Technical Cooperation and the Rostec corporation.