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India, Russia signed USD 1.2 bn tank deal

December 05, 2007 (DefenceIndia News Service)

Striving to strengthen the armored poweress of the country, India and Russia have inked a deal worth USD 1.237 billion for the additional supply of 347 T-90s Main Battle Tanks (MBT).

According to state-run radio Mayak, component of these tanks will be assembled at Avadi factory in Tamil Nadu from the kits to be supplied by Uralvagonzavod Tank Plant situated in Nizhny Tagil in the Urals.

However it did not elaborate when and where the deal was signed.

India currently has 310 t-90s MBTs of which the heavy vehicles factory in Avadi assembled 181 from the kits imported from Russia.

Under the Transfer of Technology (ToT) and licensed production deal inked in November 2006 India will indigenously produce 1000 MBTs.

(Zee News)

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