Amidst US announcement for a possibility of imposing sanctions on India for its decision, now it is official, as Moscow and New Delhi are all set to make a deal on the purchase of S-400 anti-aircraft systems.
The Kremlin has officially confirmed that Russia and India have agreed to sign a contract for the supplies of S-400 anti-aircraft missile systems. According to Russian presidential aide Yury Ushakov, the document will be signed during Putin’s visit to India.
“The signing of the contract for the supply of S-400 Triumf anti-aircraft missile system consisting of five regiments to India will be the key aspect of the visit. The deal is worth roughly more than $5 billion,” said Yury Ushakov Ushakov – Aide to the President of the Russian Federation responsible for international affairs in the Presidential Administration
As per the reports from The Economic Times , India made the final decision on the purchase of S-400 complexes from Russia. This defence deal was evaluated at 39,98,10,900 INR ($5.43 billion). India will pay 15% (Rupees 59971635 INR or $0.8145 billion) of the contract amount in advance, while the balance amount will be paid subject to the delivery terms. The first S-400 system is to be inducted by Indian Defense within 24 months after the conclusion of the contract.
What is S-400 Triumf
The S-400 Triumf ( NATO reporting name: SA-21 Growler), previously known as the S-300PMU-3, is an anti-aircraft weapon system developed in the 1990s by Russia’s Almaz Central Design Bureau as an upgrade of the S-300 family. It has been in service with the Russian Armed Forces since 2007. The S-400 uses four missiles to fill its performance envelope: the very-long-range 40N6 (400 km), the long-range 48N6 (250 km), the medium-range 9M96E2 (120 km) and the short-range 9M96E (40 km). The S-400 was described by The Economist in 2017 as “one of the best air-defence systems currently made”
What makes India to Buy S-400 Missile Defence System?