BR100 Decreased By (-0.4%)
BR30 Decreased By (-0.65%)
KSE100 Decreased By (-0.29%)
KSE30 Decreased By (-0.22%)
AGHA 6.56 Decreased By ▼ -0.11 (-1.65%)
BECO 4.40 Increased By ▲ 0.05 (1.15%)
BML 55.89 Decreased By ▼ -0.28 (-0.5%)
BOP 30.05 Decreased By ▼ -0.07 (-0.23%)
CNERGY 12.75 Decreased By ▼ -0.23 (-1.77%)
CSIL 5.21 Decreased By ▼ -0.10 (-1.88%)
FCCL 51.00 Decreased By ▼ -0.65 (-1.26%)
FFL 14.43 Decreased By ▼ -0.06 (-0.41%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 5.97 Decreased By ▼ -0.09 (-1.49%)
KOSM 5.58 Decreased By ▼ -0.26 (-4.45%)
LOTCHEM 26.15 Decreased By ▼ -0.02 (-0.08%)
MLCF 90.33 Decreased By ▼ -0.90 (-0.99%)
NBP 161.45 Decreased By ▼ -2.74 (-1.67%)
NCPL 52.55 Decreased By ▼ -0.63 (-1.18%)
NPL 57.98 Decreased By ▼ -1.14 (-1.93%)
OGDC 315.40 Increased By ▲ 2.01 (0.64%)
PACE 9.70 Decreased By ▼ -0.07 (-0.72%)
PAEL 34.73 Decreased By ▼ -0.51 (-1.45%)
PIBTL 14.23 Decreased By ▼ -0.48 (-3.26%)
PPL 221.00 Decreased By ▼ -0.36 (-0.16%)
PRL 90.89 Decreased By ▼ -0.33 (-0.36%)
PTC 59.25 Increased By ▲ 0.06 (0.1%)
SSGC 23.39 Increased By ▲ 0.09 (0.39%)
TBL 8.65 Decreased By ▼ -0.10 (-1.14%)
TELE 7.40 Decreased By ▼ -0.21 (-2.76%)
TPL 21.00 Decreased By ▼ -1.03 (-4.68%)
TPLP 12.02 Decreased By ▼ -0.54 (-4.3%)
TREET 21.33 Decreased By ▼ -0.40 (-1.84%)
TRG 54.35 Decreased By ▼ -1.44 (-2.58%)
World

Russian arms supplies to India worth $13bn in past 5 years

Published Updated
Photo: REUTERS
Photo: REUTERS
By

Russian supplied India with around $13 billion of arms during the past five years, and New Delhi has orders placed with Moscow for weapons and military equipment exceeding $10 billion, Russian state news agencies reported late on Sunday.

India is the world’s biggest buyer of Russian arms, accounting for around 20% of Moscow’s current order book, and New Delhi has not explicitly condemned Russia’s invasion of Ukraine.

Indian Prime Minister Narendra Modi has called for dialogue and diplomacy to solve the conflict, now in its 12th month. Scores of Western countries imposed sanctions on Russia, including on arms, in response to the invasion, which Moscow calls a “special military operation”.

India, China and some Southeast Asian countries have maintained their interest in buying Russian arms, according to Dmitry Shugayev, the head of Russia’s Federal Service for Military-Technical Cooperation, the agencies reported.

New long-range weapons will not target Russia: Ukraine defence minister

“Despite the unprecedented pressure on India from Western countries led by the United States in connection with Russia’s special operation in Ukraine, it continues to be one of Russia’s main partners in the field of military-technical cooperation,” Interfax agency quoted Shugayev as saying.

Annual arms exports were about $14-15 billion, and the order book has remained steady at around $50 billion, Interfax reported.

Asian customers are particularly interested in Russia’s S-400 Triumf missile defence systems, short-range surface-to-air missiles systems such as the Osa, Pechora or Strela, as well as Su-30 warplanes, MiG-29 helicopters and drones, Shugayev said.

Russia’s TASS state news agency reported that Russia will present about 200 samples of weapons and military equipment at the 14th international aerospace exhibition Aero India 2023, which opens on Monday in Bengaluru.

India is scouting for billions of dollars worth of military planes, completing jetliner deals to meet civilian demand and pressing global aircraft manufacturers to produce more locally at the show this week.

Comments

Comments are closed for this article.

Yogesh (India) Feb 13, 2023 11:21am
Why worry... Every thing is in cash. India said nothing when Ukrain sold tank T 80 to Pakistan.
0
Ali Asghar Feb 13, 2023 11:49am
@Yogesh (India), Whoa, Welcome fake news from WhatsApp university, India. Not unfamiliar approach from a nation saving itself for numerous embarrassments in recent year from the hand of Pakistan.
0
Ali Asghar Feb 13, 2023 11:53am
@Yogesh (India), You may use this time in Indian newspaper and try figuring out the reason of severe stock market crashes in India on account of Adani fraudulent activities in corporative world which great Hindenburg exposed brutally with no respite whatsoever to the right hand of so-called honorable PM Modi.
0
KG-i Feb 13, 2023 12:30pm
@Ali Asghar, entire Karachi stock market value is less than our third rich person Shivnadar.
0
Yogesh Feb 13, 2023 02:23pm
Adani have lost 100 billion dollars in share market but I am sitting with a smart profit. I have plans to increase my holdings.100 billion is nothing for us.There are hundreds of adanies present in the market.Billions of dollers are comming.
0
Ali Asghar Feb 13, 2023 02:27pm
@KG-i, Oh well well well, again i am not surprised with such statements since it's not your fault, your entire country's machinery compare itself with more than 10 times smaller country like Pakistan with highly fewest resources, population, while it actually had to compare itself with like-wise country like China, equal in population, resources etc, lol let's compare you with them?
0
Yogesh Feb 13, 2023 02:58pm
Will talk to Chinese directly.India and China are complimentary to each other's.We import large ammount of materials from China and sell it to western people.We both are earning profit. Fight between two is about percentage of profit.So small problems will remain but trade has crossed 125 billion USD this year .
0