In the last week of March 2020, Dmitry Shugayev of the Russian Federal Service for Military and Technical Cooperation revealed that India would purchase 400 T-90S tanks, along with a number of MiG-29 fighter jets. While Russian arms exports to India have seen a decline of 47 per cent in 2019, new orders might change the scenario in 2020.
India’s demand for foreign technology is transforming its relations with arms exporting nations. Prime Minister Narendra Modi wants to indigenise defence production and establish joint ventures with foreign defence manufacturers through his ‘Make in India’ initiative. Alongside changes to India’s arms trade with Russia, this is designed to attract foreign direct investment in defence production. Read More…
