Prime Minister Narendra Modi and President Vladimir Putin will meet in Goa for the 17th annual India-Russia summit in Goa on October 15, 2016. This annual India-Russia conference, will witness the two nations signing a treaty on the delivery of advanced air defence system, framework agreement for two new nuclear reactors at Kudankulam and measures to step up investment flows, that will fall into the agenda of ‘Make in India’ flagship.
President Vladimir Putin said Moscow along with other BRICS nations were firm to support New Delhi’s fight against terror and Russia will remain as the top supplier of advanced weapons and defence technology to its “privileged strategic partner” India.
“Russia remains in the lead in terms of both direct supplies of most advanced weapons and military equipment and conducting joint researches with India as well as producing goods for military purposes. Our countries actively collaborate in the military technical field,” Putin said.
“An agreement on the delivery of S-400 ‘Triumph’ anti-missile defence systems and other deals will be signed as a result of the talks,” Putin’s aide Yuri Ushakov was quoted as saying by the Russian agencies.
The S-400 is Russia’s most modern air defence system and has been deployed to Syria. It can track some 300 targets and shoot down around three dozen simultaneously over a range of several hundred kilometres.
Both the sides are loking into the draft of the final pact for the production of 200 Kamov 226T helicopters under the Make in India initiative. These helicopters will be replacing the aging Cheetah and Chetak choppers used by the Indian armed forces. This pact is seen as a big step in cooperation between Russia and India in the area of helicopter production, and a preliminary contract for the same was signed earlier.
India is also expected to hint upon its displeasure over the first-ever military exercise between Russia and Pakistan.
Sources said a framework agreement for two more reactors — Units 5 and 6 — in Kudankulam and acclaim finalisation for the same are at a progressive stage. Russia’s Rosatom and the Nuclear Power Corporation of India have begun preparations for the construction of Units 3 and 4.
“More importantly, the focus in the sector now is the manufacturing of the reactor components and cooperation with regard to nuclear enrichment,” said an official.
“Russian projects in India not only have commercial importance but also play a significant social and economic role for the economies of the two countries. They harmoniously fit in the new Indian industrialisation programme proposed by Modi,” president Putin said ahead of his visit.