Bloomberg: India Signs $25 Billion Defense Procurement Contract with Russia
- The Indian Defense Acquisition Council has approved a $25 billion agreement under which Russia will supply India with five sets of S-400 air defense missile systems
- The contract also includes the supply of attack drones and maintenance services for Russian-made fighter jets
- Bloomberg emphasizes that Russia remains India’s largest arms supplier, accounting for over one-third of India’s total arms imports, and India maintains high trust in this long-standing ally
The report also notes that during the Russia-Ukraine conflict, Russia significantly expanded its production capacity for main battle weapons and continuously enhanced equipment performance, making it more competitive among Global South nations.
Original article: toutiao.com/article/1860923047930892/
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