New Delhi had signed a USD 5.43 billion deal with Russia for the purchase of five S-400s during the 19th India-Russia Annual Bilateral Summit in New Delhi on October 5, 2018, last year, which Washington had indicated may trigger Countering America`s Adversaries Through Sanctions Act (CAATSA) sanctions.
Moscow is holding talks with New Delhi on starting the production of S-400 Air Defense Systems in India, said Sergey Chemezov, CEO of Russia`s Rostec state corporation on Sunday. “Yes, we are discussing the localization [of S-400 production] with India as well,” Chemezov told the RBK broadcaster, adding that India has already acquired the license for the production of a lot of technology, such as the Su-30 fighter jet and the T-90 tank, reported Sputnik.Read More…
