Saturday, 16 November 2013
Indian Navy inducts INS Vikramaditya Aircraft Carrier
Friday, 15 November 2013
Wait over: INS Vikramaditya set to join Indian Navy on Nov 16
Defence Minister, A.K. Antony, will induct the
long-delayed aircraft carrier INS Vikramaditya,
designed to boost India’s maritime capabilities,
at a shipyard in Russia on Saturday.
Antony will leave for Russia tomorrow with a
high-level delegation, including Defence Secretary,
R.K. Mathur, on a four-day visit during which,
apart from commissioning the aircraft carrier, he
will also co-chair the India-Russia Inter-
Governmental Commission on Military Technical
Cooperation (IRIGC-MTC) with his Russian
counterpart, Sergey Shoigu.
Contracted for in 2004, during the NDA regime,
the vessel has been delayed by over five years
and has seen several time and cost-overruns in
the last nine years.
“The commissioning ceremony will take place at
Sevmash Shipyard, Severodvinsk, on Saturday and
the IRIGC-MTC meeting will take place in
Moscow on Monday,” a Defence Ministry release
said.
Russian Deputy Prime Minister Dmitry Rogozin
will be attending the commissioning along with
Defence Minister Shoigu.
For the IRIGC—MTC, Antony’s delegation includes
Secretary (Defence Production) GC Pati, DG
(Acquisition) SB Agnihotri, and senior officers of
the armed forces.
At the meet, the two sides will discuss a broad
spectrum of issues related to ongoing and
proposed defence projects and defence
cooperation between the two countries.
The two sides will also exchange views on
bilateral concerns related to regional and global
issues, the release said.
Wait over: INS Vikramaditya set tojoin Indian Navy on Nov 16
designed to boost India’s maritime capabilities, at a shipyard in Russia on Saturday. Antony will leave for Russia tomorrow with a high-level delegation, including Defence Secretary, R.K. Mathur, on a four-day visit during which, apart from commissioning the aircraft carrier, he will also co-chair the India-Russia Inter-Governmental Commission on Military Technical Cooperation (IRIGC-MTC) with his Russian counterpart, Sergey Shoigu.
Contracted for in 2004, during the NDA regime, the vessel has been delayed by over five years
and has seen several time and cost-overruns in the last nine years. “The commissioning ceremony will take place at Sevmash Shipyard, Severodvinsk, on Saturday and the IRIGC-MTC meeting will take place in Moscow on Monday,” a Defence Ministry release said.
Russian Deputy Prime Minister Dmitry Rogozin will be attending the commissioning along with
Defence Minister Shoigu. For the IRIGC—MTC, Antony’s delegation includes Secretary (Defence Production) GC Pati, DG (Acquisition) SB Agnihotri, and senior officers of the armed forces. At the meet, the two sides will discuss a broad spectrum of issues related to ongoing and proposed defence projects and defence cooperation between the two countries. The two sides will also exchange views on bilateral concerns related to regional and global issues, the release said.
Sunday, 10 November 2013
Russian Navy's 2nd Borei-class Nuclear Submarine, Alexander Nevsky to be Commisioned by Year-End
Iran starts Mass Production of Sayyed 2 Surface-to-air Missile System
Christening of US Navy's Gerald R Ford Aircraft Carrier
Gerald R Ford Aircraft Carrier Construction-Time Lapse Video
https://www.youtube.com/watch?v=JSzf0bLgfKQ&feature=youtube_gdata_player
Monday, 21 October 2013
Russia Close to Ink Air Defense Deal With Brazil – Minister
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Operational 96K6 Pantsir S1 on parade |
Russia and Brazil are at the final stages of talks on the delivery of Russian Pantsir-S1 air defense systems to the Latin American country, Defense Minister Sergei Shoigu said.
A Russian delegation, led by Shoigu, visited Brazil to discuss prospects of bilateral defense and space cooperation, including the sales of Pansir-S1 and Igla missile systems, during the Latin American tour on October 14-17.
“We are moving toward the agreement on Pantsir systems…but drafting the final document needs time,” Shoigu told reporters in Moscow on Saturday.
The Pantsir-S1, produced by Russia’s KBP, is a gun-missile system combining a wheeled vehicle mounting a fire-control radar and electro-optical sensor, two 30-mm cannons and up to 12 57E6 radio-command guided short-range missiles, and is designed to take on a variety of targets flying at low altitudes.
Brazilian military officials believe that the Pansir-S1 could become a key element of air defenses during the upcoming 2014 FIFA World Cup and Summer Olympics 2016 in Brazil.
The potential Brazilian deal, which includes the purchase of three Pantsir-S1 batteries (up to 18 units), is estimated at $1 billion, according to Russia’s Kommersant business daily.
Russia Close to Ink Air Defense Deal With Brazil – Minister
A Russian delegation, led by Shoigu, visited Brazil to discuss prospects of bilateral defense and space cooperation, including the sales of Pansir-S1 and Igla missile systems, during the Latin American tour on October 14-17.
“We are moving toward the agreement on Pantsir systems…but drafting the final document needs time,” Shoigu told reporters in Moscow on Saturday.
The Pantsir-S1, produced by Russia’s KBP, is a gun-missile system combining a wheeled vehicle mounting a fire-control radar and electro-optical sensor, two 30-mm cannons and up to 12 57E6 radio-command guided short-range missiles, and is designed to take on a variety of targets flying at low altitudes.
Brazilian military officials believe that the Pansir-S1 could become a key element of air defenses during the upcoming 2014 FIFA World Cup and Summer Olympics 2016 in Brazil.
The potential Brazilian deal, which includes the purchase of three Pantsir-S1 batteries (up to 18 units), is estimated at $1 billion, according to Russia’s Kommersant business daily.
The Stealthy Barracuda UAV Is Germany's Future Flying Force
After the end of hostilities in WWII, France and Germany have become surprisingly close. The two nations are stalwart proponents of expanded European Union integration and are regularly referred to as the EU’s “twin engine.” But on the issue of unmanned aerial platform, the two simply cannot agree. So while France and its cohorts are developing the nEUROn, Germany is building the stealth Barracuda.
Development on the EADS Barracuda fully-autonomous, medium-altitude, long-range UAV began in 2003, and is backed by both Germany and Spain. France, Italy, Sweden, Switzerland, Greece, alternately, have funded the Dassault nEUROn, while the UK has independently forged ahead with the BAE Taranis. Despite crashing during a 2006 test flight, which grounded the project for nearly two years, the Barracuda has since successfully completed more than a dozen test flights.
Though details on the vehicle itself remain classified, we do know that the Barracuda is built from a mix of off the shelf components and custom hardware systems. Its entire fuselage-save for a pair of reinforcing wing spars-is composed of the same carbon fiber composite that covers the Eurofighter Typhoon. What’s more, the 26-foot long, three-ton demonstrator does almost entirely away with hydraulics-aside from the landing gear, the UAV operates entirely on electronic actuators. And while it isn’t as quick as the Taranis, the Barracuda reportedly packs a 14 kN Pratt & Whitney jet turbine capable of achieving mach .85 with a 20,000 foot service ceiling and an estimated 124 mile operational radius.
For the foreseeable future, the Barracuda will remain a developmental test bed for future Cassian UAV technologies with hopes of eventually developing a system that can operate in unsegregated airspace alongside manned and civilian aircraft. And with both the nEUROn and Taranis gunning for deployment by the end of the decade, the skies over Europe are going to get crowded.
The Stealthy Barracuda UAV Is Germany's Future Flying Force
Development on the EADS Barracuda fully-autonomous, medium-altitude, long-range UAV began in 2003, and is backed by both Germany and Spain. France, Italy, Sweden, Switzerland, Greece, alternately, have funded the Dassault nEUROn, while the UK has independently forged ahead with the BAE Taranis. Despite crashing during a 2006 test flight, which grounded the project for nearly two years, the Barracuda has since successfully completed more than a dozen test flights.
Though details on the vehicle itself remain classified, we do know that the Barracuda is built from a mix of off the shelf components and custom hardware systems. Its entire fuselage-save for a pair of reinforcing wing spars-is composed of the same carbon fiber composite that covers the Eurofighter Typhoon. What’s more, the 26-foot long, three-ton demonstrator does almost entirely away with hydraulics-aside from the landing gear, the UAV operates entirely on electronic actuators. And while it isn’t as quick as the Taranis, the Barracuda reportedly packs a 14 kN Pratt & Whitney jet turbine capable of achieving mach .85 with a 20,000 foot service ceiling and an estimated 124 mile operational radius.
For the foreseeable future, the Barracuda will remain a developmental test bed for future Cassian UAV technologies with hopes of eventually developing a system that can operate in unsegregated airspace alongside manned and civilian aircraft. And with both the nEUROn and Taranis gunning for deployment by the end of the decade, the skies over Europe are going to get crowded.
China's arms industry makes global inroads
China's arms industry makes global inroads
From the moment Turkey announced plans two years ago to acquire a long-range missile defense system, the multi-billion-dollar contract from a key NATO member appeared to be an American company's to lose.
For years, Turkey's military had relied on NATO supplied Patriot missiles, built by the American companies Raytheon and Lockheed Martin, to defend its skies, and the system was fully compatible with the air-defense platforms operated by other members of the alliance. There were other contenders for the deal, of course. Rival manufacturers in Russia and Europe made bids. Turkey rejected those - but not in favor of the American companies. Its selection last month of a little-known Chinese defense company, China Precision Machinery Export-Import Corporation, stunned the military-industrial establishment in Washington and Brussels. The sale was especially unusual because the Chinese missile defense system, known as the HQ-9, would be difficult to integrate with existing NATO equipment. China Precision is also subject to sanctions from the United States for selling technologies that the United States says could help Iran, Syria and North Korea develop unconventional weapons. A state department spokeswoman said this month that American officials had expressed to the Turkish government "serious concerns" about the deal, which has not yet been signed. Industry executives and arms-sales analysts say the Chinese probably beat out their more established rivals by significantly undercutting them on price, offering their system at $3 billion. Nonetheless, Turkey's selection of a Chinese state-owned manufacturer is a breakthrough for China, a nation that has set its sights on moving up the value chain in arms technology and establishing itself as a credible competitor in the global weapons market. "This is a remarkable win for the Chinese arms industry," said Pieter Wezeman, a senior researcher at the Stockholm International Peace Research Institute, which tracks arms sales and transfers. In the past, Chinese companies have been known mainly as suppliers of small arms, but that is changing quickly. From drones to frigates to fighter jets, the companies are aggressively pushing foreign sales of high-tech hardware, mostly in the developing world. Russian companies are feeling the greatest pressure, but American and other Western companies are also increasingly running into the Chinese. "China will be competing with us in many, many domains, and in the high end," said Marwan Lahoud, the head of strategy and marketing at European Aeronautic Defense and Space, Europe's largest aerospace company. "Out of 100 campaigns, that is, the commercial prospects we have, we may have the Chinese in front of us among the competitors in about three or four. They have the full range of capabilities, and they are offering them." The Stockholm institute released a report this year on global weapons transfers that found the volume of Chinese conventional weapons exports - which included high-end aircraft, missiles, ships and artillery - jumped by 162 percent from 2008 to 2012, compared with the previous five years. Pakistan is the leading customer. The institute now estimates that China is the fifth-largest arms exporter in the world, ahead of Britain. From 2003 to 2007, China ranked eighth. China's foreign arms sales are also rising fast in dollar terms. According to IHS Jane's, an industry consulting and analysis company, Chinese exports have nearly doubled over the past five years to $2.2 billion, surpassing Canada and Sweden, and making China the world's eighth-largest exporter by value. The total global arms trade revenue in 2012 was estimated to be $73.5 billion, and the United States had a 39% share, according to IHS Jane's. Xu Guangyu, a retired major general in the People's Liberation Army and director of the China Arms Control and Disarmament Association, said in an interview that the push by Chinese companies to develop and sell higher-tech arms was "a very normal phenomenon." "In arms manufacturing, China is trying to increase the quality and reduce price," he said. "We're driven by competition." Xu said that besides pricing, Chinese companies had another advantage: they do not "make demands over other governments' status and internal policies." He added: "Our policy of noninterference applies here. Whoever is in the government, whoever has diplomatic status with us, we can talk about arms sales with them." Chinese officials know that China's encroachment on Western-dominated military markets raises concerns. When asked about the missile-defense sale to Turkey, a Chinese foreign ministry spokeswoman said, "China's military exports do no harm to peace, security and stability," and do not "interfere with the internal affairs of recipient countries." The largest Chinese arms production companies, all state-owned, declined interview requests. Their finances are opaque, though there are some statistics on their Web sites and in the state news media. The China North Industries Group Corporation, or the Norinco Group, said on its Web site that its profits in 2012 were 9.81 billion renminbi, or about $1.6 billion, a 45 percent increase from 2010. Its revenues in 2012 were 361.6 billion renminbi, or about $59 billion, a 53 percent increase over 2010. Another company, the China South Industries Group Corporation, or CSGC, said on its Web site that it had profits of about $1 billion in 2011, on revenue of about $45 billion, both big increases over 2008. China's investment has been heaviest in fighter planes - both traditional and stealth versions - as well as in jet engines, an area in which China had until now been dependent on Western and Russian partners, said Guy Anderson, a senior military industry analyst in London with IHS Jane's. "China has been throwing billions and billions of dollars at research and development," he said. "They also have a strategy of using the gains they get from foreign partnerships to benefit their industrial sector. So they should not have any trouble catching up with their Western competitors over the medium term, and certainly over the long term." He estimated that China was still a decade away from competing head-to-head with Western nations on the technology itself. But Chinese equipment is priced lower and could become popular in emerging markets, including in African and Latin American nations. "We are in an era of 'good enough' - the 90 percent solution that will do the job at the best possible price," Mr. Anderson said. "In some cases, that may even mean buying commercial equipment, upgrading it slightly and painting it khaki." New customers for Chinese equipment include Argentina, which in 2011 signed a deal with the Chinese company Avicopter to build Z-11 light helicopters under license. Mass production for the Argentine military began this year, and 40 helicopters are expected to be built over the next several years. The value of the contract has not been made public. Companies selling drones, another focal point in the Chinese arms industry, are ubiquitous at arms and aviation shows. At an aviation exposition in Beijing in late September, one Chinese company, China Aerospace Science and Technology Corporation, had on display a model of a CH-4 reconnaissance and combat drone, with four models of missiles next to it. Though the drone had been "designed for export," one company representative said, there were no foreign buyers yet. The company was still being licensed by the government to sell the aircraft abroad. He added that the drone was not yet up to par with some foreign models, and that the engine was a foreign make, though other parts - including the missiles - had been developed in China. The Aviation Industry Corporation of China, or AVIC, had on display a model of a Wing Loong, the best-known Chinese drone export, which sells for about $1 million, less than similar American and Israeli drone models. An article in People's Daily said the export certificate for the Wing Loong, or Pterodactyl, was approved in June 2009, and it was first exported in 2011. At the Paris Air Show in June, Ma Zhiping, president of the China National Aero-Technology Import and Export Corporation, told Global Times, another state-run newspaper, that "quite a few countries" had bought the Wing Loong, which resembles the American-made Predator. Clients were in Africa and Asia, he said. Two fighter jets made by Chinese companies are being closely watched by industry analysts and foreign companies for their export potential. One is Shenyang Aircraft's J-31, a fighter jet that Chinese officials say has stealth abilities. A People's Daily report last month said that the J-31 was being made by Shenyang, an AVIC subsidiary, mostly for export, citing an interview with Zhang Zhaozhong, a rear admiral in the Chinese Navy. In March, the airplane's chief designer, Sun Cong, told People's Daily that the J-31 could become China's main next-generation carrier-borne fighter jet. The other jet is the JF-17, a less-sophisticated aircraft that an American official said had been in the works for about two decades in an "on-again, off-again" project. The jet was ostensibly the product of a joint venture between Pakistan Aeronautical Complex and China's Chengdu Aircraft Industry Corporation, also an AVIC subsidiary, but China did the real work, said the official, who spoke on the condition of anonymity because of the secrecy surrounding military projects. So far, Pakistan is the only client, and the official said he believed Pakistan had made a "political decision" to buy it. China is Pakistan's biggest ally, and each relies on the other to help counter India. Besides the JF-17, the two nations have had official joint production agreements on a frigate, a battle tank and a small aircraft. A defense official from Japan, a territorial rival of China that monitors its arms trade closely, said Chinese jets still had big shortcomings that could hurt international sales; most notably, China cannot make reliable engines or avionics, he said. The JF-17 uses a Russian engine. "I believe they can make a few very good engines in the laboratory, but they can't make it in the factory, kind of mass produce it in factories, because of lack of quality control and maybe experience," he said. He added that Chinese engineers had been trying to develop an engine, the WS-10, a copy of a Russian model, but had been having problems. It is not uncommon for customers to overcome weaknesses in Chinese manufacturing by buying Chinese platforms and outfitting them with better Western equipment. Algeria placed an order last year for three Chinese corvettes, but is outfitting the ships with radar and communications equipment from Thales Nederland, a unit of the Thales Group, based in France. Thailand has been awarding contracts to the Saab Group, based in Sweden, to upgrade Chinese-built frigates, said Ben Moores, a senior analyst at IHS Jane's. This year, a Chinese company was competing against foreign counterparts, including at least one American company, for a $1 billion Thai contract for naval frigates, but lost to Daewoo of South Korea. As China moves to catch up with established Western rivals, competing not only on price but also with comparable technology, Hakan Buskhe, chief executive of Saab, said his company and others would be likely to find themselves under pressure to cut their own research and development costs to lower pricing - a trend that could benefit North American and European governments looking to squeeze more ability out of shrinking defense budgets. "We need to be able to develop more for less," he said. Edward Wong reported from Beijing and Tokyo, and Nicola Clark from Paris. Gerry Doyle contributed reporting from Hong Kong. Patrick Zuo and Bree Feng contributed research from Beijing. |
Future Is Cloudy for Russian Carrier Aviation
The future of the Russian navy aircraft carrier component is in doubt after the Russian defense ministry decided to have its nuclear-powered guided missile cruiser, the Admiral Nakhimov, rather than its aircraft carrier Admiral Kuznetsov repaired and refitted at Sevmash, the nation’s largest dockyard.
Sevmash had considered taking either the Nakhimov or the Kuznetsov for extended work after its facilities in the port city of Severodvinsk, including a large dry dock, became available following the conversion of the Kiev-class carrier Admiral Gorshkov into the INS Vikramaditya for the Indian Navy. Top Russian and Indian officials are expected to participate in a departure ceremony for the Vikramaditya in mid-November.
After some studies, Sevmash expressed a preference for repairing the Nakhimov, a decision supported by the defense ministry, which is expected to issue an order for the work after the Vikramaditya is formally handed over to the Indian navy. By volume and complexity, the work to be done on the modernization and refit of the Nakhimovwill be close to that done on the Gorshkov/Vikramaditya.
Meanwhile, the condition of the Admiral Kuznetsov has been gradually deteriorating following a major, four-year-long repair completed in 2004, due to a lack of high-quality repair facilities at Severomorsk, near Murmansk, where the ship is based. With Sevmash working at capacity on submarines and eventually the Nakhimov, only the Baltic Shipyard in St. Petersburg is capable of building or refitting the largest capital ships. But the Baltic Sea region’s status as a nuclear weapon-free zone has complicated prospects for repairing the Kuznetsov.
The Kuznetsov carries Sukhoi Su-33 single-seat interceptors and Su-25UTG two-seat subsonic trainers with limited land-strike capability, as well as Kamov Ka-27/29 helicopters. The ship’s advertised capacity is 50 fixed-wing and rotary-wing aircraft, but the Russian navy does not make public the exact numbers of aircraft on board the ship. The number of Su-33s is estimated to fall between 15 and 20. Last year, the defense ministry placed an order for 24 MiG-29K/KUBs to supplement and eventually replace in-service Su-33s.
As it stands, the long-needed modernization and refit of the Kuznetsov will either be postponed again or may never happen. A next-generation carrier of similar displacement (55,000 to 60,000 tons) under development by the Nevskoye Design Bureau could take the ship’s place. However, the Kremlin has not decided whether such a ship will be constructed.
Future Is Cloudy for Russian Carrier Aviation
Sevmash had considered taking either the Nakhimov or the Kuznetsov for extended work after its facilities in the port city of Severodvinsk, including a large dry dock, became available following the conversion of the Kiev-class carrier Admiral Gorshkov into the INS Vikramaditya for the Indian Navy. Top Russian and Indian officials are expected to participate in a departure ceremony for the Vikramaditya in mid-November.
After some studies, Sevmash expressed a preference for repairing the Nakhimov, a decision supported by the defense ministry, which is expected to issue an order for the work after the Vikramaditya is formally handed over to the Indian navy. By volume and complexity, the work to be done on the modernization and refit of the Nakhimovwill be close to that done on the Gorshkov/Vikramaditya.
Meanwhile, the condition of the Admiral Kuznetsov has been gradually deteriorating following a major, four-year-long repair completed in 2004, due to a lack of high-quality repair facilities at Severomorsk, near Murmansk, where the ship is based. With Sevmash working at capacity on submarines and eventually the Nakhimov, only the Baltic Shipyard in St. Petersburg is capable of building or refitting the largest capital ships. But the Baltic Sea region’s status as a nuclear weapon-free zone has complicated prospects for repairing the Kuznetsov.
The Kuznetsov carries Sukhoi Su-33 single-seat interceptors and Su-25UTG two-seat subsonic trainers with limited land-strike capability, as well as Kamov Ka-27/29 helicopters. The ship’s advertised capacity is 50 fixed-wing and rotary-wing aircraft, but the Russian navy does not make public the exact numbers of aircraft on board the ship. The number of Su-33s is estimated to fall between 15 and 20. Last year, the defense ministry placed an order for 24 MiG-29K/KUBs to supplement and eventually replace in-service Su-33s.
As it stands, the long-needed modernization and refit of the Kuznetsov will either be postponed again or may never happen. A next-generation carrier of similar displacement (55,000 to 60,000 tons) under development by the Nevskoye Design Bureau could take the ship’s place. However, the Kremlin has not decided whether such a ship will be constructed.
Saturday, 19 October 2013
India, Russia begin joint military exercise Indra 2013
India and Russia began their joint military exercise, Indra 2013, at the Mahajan Field Firing Ranges in South Western Command today
Naval LCA set for Carrier Compatibility Tests
The naval variant of India’s Light Combat Aircraft (LCA) is gearing up for carrier compatibility tests at the shore-based INS Hansa in Goa, according to sources in the Aeronautical Development Authority (ADA) which is developing the aircraft. The first prototype completed its maiden flight on April 27, 2012.
Friday, 18 October 2013
HAL rejects IAF proposal to produce Pilatus trainer aircraft
Antony to take up issues related to FGFA project with Russia
India to finalize $15 billion Rafale deal by March, Indian Air Force says
Thursday, 17 October 2013
India to purchase Minesweepers from South Korea
2nd Nuclear Submarine Lease likely to highlight in Indo-Russian Summit
At least half a dozen bilateral agreements, including a big ticket deal on the lease of a nuclear submarine are expected to be signed at the 14th Indo-Russian annual summit in Moscow on October 21, key officials involved in the negotiations (which are still going on) said.
India has been looking to take a second nuclear submarine on lease from Russia and talks are believed to have progressed well. The two sides are keeping budget-level secrecy on this subject. The issue is likely to dominate discussions between Singh and Putin during a restricted meeting where the two principals meet with select aides.
Normally, sensitive subjects like nuclear submarines are not announced formally. It is yet to be seen whether the subject will find a mention in the Joint Statement to be released after the visit but a broad framework on defence and scientific cooperation is likely to be unveiled after the talks.
The only nuclear submarine with the Indian Navy currently, INS Chakra, has also been taken on lease from Russia. The boat joined active service in the Indian Navy in April 2012. The ten-year lease has cost India almost a billion dollars.
The Indian Navy personnel are quite satisfied with the leased nuclear submarine as the 80-personnel capacity boat can remain under water as long as human endurance allows. Another operational advantage of the boat is that its noise level is virtually zero which enhances its stealth qualities.
The second nuclear submarine lease is likely to cost considerably more. Indian Foreign Secretary Sujatha Singh is scheduled to hold a press conference on Manmohan Singh’s visit to Russia and China during which she would inevitably be asked questions about the second nuclear submarine lease plans.
Defence ties ::
Government-to-government route, comparable to the American Foreign Military Supplies (FMS) programme, is being actively considered to repair the strains in Indo-Russian defence relations from the Russian viewpoint.
Russia has been complaining to India for losing out on several defence deals over the past two years largely because of India’s radically changed Defence Procurement Policy (DPP) which puts greater emphasis on indigenization.
But despite some recent setbacks, Russia still tops the list of foreign defence suppliers, having secured orders worth $16 billion in orders during the three-year period of April 1, 2010 to March 31, 2013. This amounts to almost 40 percent of the Indian defence imports in this period which totaled $38 billion. Currently Russian arms factories are working on cumulative Indian orders worth $20 billion, enough to keep them busy for years.
Energy, trade, investment issues ::
The October 21 summit will be dominated by energy, trade and investment issues.
On the energy front, Kudankulam Nuclear Power Plant’s 3rd and 4th units and Indian concerns about ONGC’s loss-making investment in Imperial Energy which is engaged in mineral extraction in western Siberia would be the main talking points at the summit, officials said.
It is a work in progress on the tricky issue of KNPP 3 and 4 and no agreements are likely to be signed during the summit. The matter is currently at the technical talk’s stage.
The two sides’ prime focus will be on giving a much-needed impetus to the bilateral trade, currently at a below-par $11 billion with a target of taking it to $20 billion by 2015. The leaders will be tightening bolts and screws of a mechanism of deepening cooperation in multiple and diverse sectors such as information technology, fertilizers, infrastructure and aviation.
The two leaders are likely to discuss the idea of Russians producing passenger aircraft SSJ-100 and Irkut in India for India to keep the cost of production considerably lower. Again, an agreement is unlikely to be signed during the summit in this context because the matter is being discussed by technical experts from the two sides.
Fertilizer sector is another highly important area that promises rich returns as Russia is a leading producer and India a major importer of the commodity. The two sides are likely to agree to intensify their cooperation in this area which can give billions of dollars to Russia in the long run.
Source: INDRUS