India largest importer of Russian armament in 2012 for amount approximately $ 7.7 billion 2101121

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Defense News - India

 
 
Saturday, January 21, 2012, 11:59 AM
 
India the largest importer of Russian armament in 2012 for an amount of approximately $ 7.7 billion.
In 2012, Russia will supply India with military equipment and weapons for an amount of approximately $ 7.7 billion, announced Friday, January 20, 2012, a press release from the Russian Centre for Global Trade Analysis of weapons (TSAMTO) .
     
In 2012, Russia will supply India with military equipment and weapons for an amount of approximately $ 7.7 billion, announced Friday, January 20, 2012, a press release from the Russian Centre for Global Trade Analysis of weapons (TSAMTO) .
Indian army soldiers and armoured combat vehicles during training exercises.
     

"This year, Russia will deliver to India military equipment and weapons for an amount of approximately $ 7.7 billion, representing more than 60% of Russian armament exports and 80% of Indian imports of weapons. ", indicates the press release posted on the website of TSAMTO.

According to the analysis center, this impressive result will be provided by the delivery of three large orders.

The most expensive order is the Vikramaditya aircraft carrier to be delivered to Indian Navy in December 2012. Launched in 1982 under the name of Admiral Gorshkov, the ship was modernized whose cost has changed several times to reach $ 2.34 billion. The second delivery is for two large frigates for a total of around one billion dollars. The third major contract is for the nuclear submarine Nerpa. According to latest information, the contract price amount is $ 920 million.

Russia also plans to deliver to India about 40 Mi-17V-5, 33 Su-30MKI fighters and nine naval MiG-29K/KUB.
In 2012, Russia will also continue the modernization of fighter’s aircraft, drones and helicopters for the Indian Army.

According to the Centre TSAMTO from 2002 to 2011, the Indian imports of armaments have reached 25.65 billion dollars. Experts estimate that they will double between 2012 and 2016.

 

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