SOURCE: ET India’s plans to procure strategic defence equipment from Russia including contracts of $5.5 billion for shipbuilding appear to be in jeopardy because Russian firms are unable to furnish the requisite guarantees from Indian banks owing to sanctions imposed by the US. This has raised concerns in India over procurement of the S-400 missile shield […]
The post India’s plans to buy strategic Russian weapons are in jeopardy. Here’s why appeared first on Indian Defence Research Wing.
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