Logo
Friday, 19 April 2024
Wednesday, 05 Feb 2020 03:00 pm

Russia Will Start Delivering S-400 Missile in India by 2021

India signed a $5 billion deal for S-400 missiles in 2018, drawing warnings from the United States that such an acquisition would trigger sanctions as part of a wider programme against Russia.

newsImage
 

Russia will begin delivering S-400 surface-to-air missile systems to India by the end of 2021, agency RIA Novosti on Wednesday quoted a Russian official as saying.

India signed a $5 billion deal for S-400 missiles in 2018, drawing warnings from the United States that such an acquisition would trigger sanctions as part of a wider programme against Russia.

“The contract is being implemented on schedule. The first shipment is due by the end of 2021,” Deputy Director of the Federal Service for Military-Technical Cooperation (FSMTC), Vladimir Drozhzhov, said at Defence Expo 2020 in Lucknow, India, according to RIA.

In November, the same agency cited the general director of Russian state arms exporter Rosoboronexport, Alexander Mikheev, as saying deliveries would start in September 2021.

Read here


Neha Pandey

Aware of her elements, Neha writes the best articles across industries including electronics & semiconductors, automotive & transportation and food & beverages. Being from the finance background she has the ability to understand the dynamics of every industry and analyze the news updates to form insightful articles. Neha is an energetic person interested in music, travel, and entertainment. Since past 5 years, she written extensively on sectors like technology, finance and healthcare.


Smarter Decisions with Smart News

Smart Market News is committed to getting its readers the latest updates and insights on industries that help in making “smarter” business decisions. With insights and inputs from corporate decision makers, we bring you the stories of adopting innovative solutions and strategies that have been changing the world. Our editorial insights on products, solutions, companies, and adoption of best practices not only help in understanding the markets better, but also prove to be a complete package for your information needs.

Subscribe to our newsletter
Get the latest in your inbox weekly Sign up for the fully charged newsletter
© The News and Media Division of The Insight Partners 2024 | All Rights Reserved | Privacy Policy