Russia’s arms exports to India amounted to $13 billion over five years, said Dmitry Shugaev, head of the Federal Service for Military-Technical Cooperation (FSVTS). The portfolio of orders is now more than $10 billion.
“The current stage in the development of relations between Russia and India in the field of military-technical cooperation is characterized, first of all, by the course adopted by the Indian leadership to localize the production of military products at Indian enterprises based on the principles of “Make in India” and “Self-sufficient India,” said Mr. Shugaev to journalists (quote from “Interfax”).
According to the head of the FSMTC, Russia remains one of the main players in the arms market in India. He noted that the parties remain partners, despite the anti-Russian sanctions.
Dmitry Shugaev said that the traditional partners of the Russian Federation in India, China and the countries of Southeast Asia are still interested in acquiring Russian military products. They are interested in the S-400 Triumph anti-aircraft missile systems, the Osa, Kub / Kvadrat, Pechora, Strela, Tunguska and Pantsir complexes, Su-30 and MiG-29 fighters, helicopters Mi-17, Mi-24, Mi-35, Ka-28 and Ka-31, Orlan-10E drones and anti-drone systems.