New Delhi has entered into an inter-governmental agreement (IGA) with Moscow to locally manufacture spares and components for Russian-made defence equipment in service with the Indian military.
The IGA, which was agreed on 4 September during the 20th India–Russia Annual Summit in Vladivostok, will enable India to manufacture “spare parts, components, aggregates and other products for maintenance of Russian-origin arms and defence equipment” through a technology transfer and joint ventures under New Delhi’s ‘Make in India’ initiative, according to a joint statement released by the two governments.
The two sides also agreed to develop a framework for co-operation on reciprocal logistical support for their respective militaries and reaffirmed their commitment to enhance defence co-operation through dialogue, joint tri-service exercises, and training at each other’s defence institutions.
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