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On the shopping list – The Big Story News

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On the shopping list – The Big Story News

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India and Russia have multi-billion-dollar deals in the works

Second Akula Class SSN

Akula Class SSN submarine

Second Akula Class SSN

Number: 1 | Price: $3 billion (Rs 21,910 cr)

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

Status: Under negotiation

Kilo-Class submarines

Number: 4 | Price: $1 billion+ (over Rs 7,300 cr)

Ex-Russian Navy submarines to be sold at Re 1 + $250 million refurbishing costs each in Russian shipyard.

Status: Under negotiation

Kamov 226T helicopters

Number: 200 | Price: $1 billion (Rs 7,300 cr)

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

Status: Under negotiation

Su-30MKI jets

Number: 18 | Price: $700 million (Rs 5,110 cr)

Last batch of jets to be license-built by HAL in Nashik.

Status: Under negotiation

AK-203 assault rifles

Number: 750,000 | Price: $1.6 billion (Rs 11,690 cr)

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

Status: Under negotiation

MiG-29 airframes

Number: 21 | Price: $800 million (Rs 5,840 cr)

Ex-Soviet airframes to be purchased, re-engined, refurbished to make up for the IAF’s depleting fleet.

Status: Under negotiation

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