in shopping list

There are multi-billion dollar deals between India and Russia in the works

Akula Class SSN Submarine

Second Akula Varg SSN

Number: 1 | cost: $3 billion (Rs 21,910 crore)

On a 10-year lease, in addition to an Akula-class submarine, for which a $3 billion refit and lease deal was signed in 2019.

Situation: outgoing shy

kilo-class submarines

Number: 4 | cost: $1 billion+ (over Rs 7,300 crore)

The cost of each refurbishment of the ex-Russian Navy submarines at the Russian shipyard was Rs. 1+ will be sold for $250 million.

Situation: outgoing shy

Kamov 226T Helicopter

Number: 200 | cost: $1 billion (Rs 7,300 crore)

For the production of this machine, HAL and Russian Helicopters have started a joint venture, Indo-Russian Helicopters. The MoU was signed in June 2018.

Situation: outgoing shy

Sukhoi-30MKI Jets

Number: 18 | cost: $700 million (Rs 5,110 crore)

The last batch of jets will be licensed-manufactured by HAL at Nashik.

Situation: outgoing shy

AK-203 assault rifles

Number: 750,000 | cost: $1.6 billion (Rs 11,690 crore)

Both the sides are close to finalizing the unit cost of the assault rifle to be manufactured at OFB factory in Amethi.

Situation: outgoing shy

mig-29 airframe

Number: 21 | cost: $800 million (Rs 5,840 crore)

Ex-Soviet airframes will be procured, retrofitted, made ready for the IAF’s dwindling fleet.

Situation: outgoing shy