India has made Russian MiG fighter planes and Su-30 jets under licence and the two have collaborated to make BrahMos missiles in India. Russia has also traditionally been India's main arms supplier.
NEW DELHI - An India-Russia joint venture that makes nuclear capable supersonic cruise missiles hopes to bag orders worth $5 billion by 2025, its chairman said on Tuesday, having signed its first export deal of $375 million this year with the Philippines.
The joint venture, with a 50.5% Indian and 49.5% Russian partnership, fits into Prime Minister Narendra Modi's flagship make-in-India programme. In April last year, Russia's Foreign Minister Sergei Lavrov had said the two countries were discussing "additional" production of Russian military equipment in India.
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