India, Russia agree missile sales, joint venture for helicopters

Russian President Vladimir Putin shakes hand with India''s Prime Minister Narendra Modi during a photo opportunity ahead of India-Russia Annual Summit in Benaulim in Goa. Image Source: Reuters

India and Russia on Saturday announced plans to set up a joint venture to build helicopters in India, which will also buy surface-to-air missile systems from its former Cold War ally, as the two tighten their military relationship.

The pacts were signed after summit talks between Russian President Vladimir Putin and Indian Prime Minister Narendra Modi in the resort state of Goa, where leaders from the BRICS group of emerging nations are meeting.

PM Modi tweeted on Saturday as saying," Held extensive talks with President Putin. His affection for India & role in enhancing India-Russia ties is a major source of strength."

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Held extensive talks with President Putin. His affection for India & role in enhancing India-Russia ties is a major source of strength. pic.twitter.com/8lTUXHPtfE

— Narendra Modi (@narendramodi) October 15, 2016

Indian military officials have said the plan is for the joint venture (JV) to build at least 200 Kamov helicopters required by the country's defence forces, and is part of PM Modi's drive to build a defence industrial base in the south Asian nation.

The S-400 surface-to-air missiles are meant to strengthen India's defences along its borders with China and Pakistan, Indian military officials have said.

PM Modi further tweeted as saying, "Dedication of Kudankulam 2 & laying of foundation of Kudankulam 3 & 4 show results of India-Russia cooperation in civil nuclear energy."

Dedication of Kudankulam 2 & laying of foundation of Kudankulam 3 & 4 show results of India-Russia cooperation in civil nuclear energy. pic.twitter.com/f689HXKn8G

— Narendra Modi (@narendramodi) October 15, 2016

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