In the past six months, India's share in Russia’s exports of weapons and combat vehicles has gone up by 15 per cent.
Viktor Yevtukho a high-ranking Russian presidential administration official has been quoted as saying, "India’s share in the export of Russian weapons and hardware has increased by 15 per cent in the past six months alone."
His remarks came on a day when Russia handed over guided missile frigate INS Tushil to Indian Navy.
He observed that the construction of these multi-role frigates is a cornerstone of Russian-Indian military-technical cooperation.
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"These deals have demonstrated the Russian defense sector’s research and industrial potential and facilitated the development of the Russian school of surface military ship-building," he said.
He noted that six frigates of this project were handed over to India from 2007 to 2017 and the seventh was was transferred on Monday.
Yevtukho said the Russia-Indian military-technical cooperation is developed on the basis of long-term contracts and with a focus on localizing the production of Russian weapons and vehicles at Indian enterprises.
“Overall, Russia continues to be India’s leading partner in the defense sector. And not only because we have a vast potential inherited from the former Soviet Union but also thanks to joint work today. Our countries have more than 200 joint defense projects," he added.
