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Published 15:45 IST, September 16th 2019

India in talks with Russia over S-400 missiles production: Rostec CEO

Moscow and New Delhi are in talks on starting the production of S-400 Air Defence Systems in India, as confirmed by the CEO of Russia's Rostec State Corp

Reported by: Misha Bhatt
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Moscow is in talks with New Delhi on starting the production of S-400 Air Defence Systems in India. The information about Moscow's plan to begin the production of the Air Defence System in India was given by, Sergey Chemezov, CEO of Russia's Rostec state corporation on Sunday.

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'Discussing the production of S-400 in India'

"Yes, we are discussing the localization (of S-400 production) with India as well," Chemezov told RBK broadcaster, adding that India has 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.

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Chemezov said, "We have developed the BrahMos missiles together with them (India), on their territory, together with their scientists."

India's External Affairs Minister S Jaishankar was on a visit to Moscow last month. During his visit, Jaishankar met his Russian counterpart Sergey Lavrov. The two discussed further ways to advance bilateral cooperation between both countries.

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READ | India's buying of S-400 from Russia will have serious implications on defence ties: US

Last year, a USD 5.43 billion deal was signed between India and Russia for the purchase of S-400s during the 19th India-Russia Annual Bilateral Summit in New Delhi on October 5, 2018. Washington had indicated that the agreement may trigger Countering America's Adversaries Through Sanctions Act (CAATSA) sanctions.

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Delivery of S-400

Russia's Deputy Prime Minister, Yuri Borisov, had informed about the S-400 Air Defence missile system will be delivered to India 'in strict accordance' with the schedule.

"The advance payment has been received and everything will be delivered in strict accordance with the schedule, within about next 18 to 19 months," Borisov informed state-owned broadcaster Rossiya-1.

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(With inputs from ANI) 

13:52 IST, September 16th 2019