India, Russia to sign $2.2 billion frigates deal
New Delhi, Sept 18 (IBNS): Weeks after upgrading its defence ties with the United States, India has paved way for a frigates deal with Russia, media reports said.
The agreement will allow India to procure four new warships from Russia for the Navy.
The agreement will be signed during a summit between Prime Minister Narendra Modi and Russian President Vladimir Putin in October.
The deal will also involve building two of the ships at the Goa shipyard.
The deal has been processed as 2+2 scheme.
In this scheme, the technology will be transferred to Goa Shipyard to construct two of the frigates from scratch, ET reported.
The immediate priorities for the Navy are minesweepers and multi-role helicopters which can be deployed on warships.
Image: twitter.com/MEAIndia
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