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Russia’s client no. 1 in arms export - India

Russia’s client no. 1 in arms export - India
PTI
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First Published: Fri, Sep 23 2011. 03 17 PM IST
Updated: Fri, Sep 23 2011. 03 17 PM IST
Moscow: India continues to be Russia’s largest strategic partner in military-technical cooperation, the head of Russian state arms exporter has said.
“India, China, Algeria, Vietnam and Venezuela are our leading partners,” chief executive officer (CEO) of Rosoboronexport Anatoly Isaikin told the Kommersant daily, adding that India is “client number one” for Russia “for years ahead.”
He underscored that under the long term military- technical cooperation programme Russia is taking part in various projects, which include joint research and design (R&D) and joint production.
Isaikin said Russia was currently bidding for 20 tenders floated by India. “Winning at least half of these tenders is huge luck for any state.”
He, however, said that failure of MiG-35 in MMRCA tender was “extremely unpleasant and sensitive” for Russia.
Isaikin expressed confidence that Moscow will retain its leading position in the Indian arms market in spite of entry of new players like the United States.
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First Published: Fri, Sep 23 2011. 03 17 PM IST
More Topics: Russia | India | Arms Market | Arms | Export |