03 April 2014

News Story: India, Russia sign Rs 2,600 cr deal for anti-tank ammunition


NEW DELHI (PTI): India has signed a deal worth over Rs 2,600 crore with Russia to procure 66,000 anti-tank shells to meet the shortfall of critical ammunition faced by its armoured fleet including the latest T-90 tanks.

The two sides signed the deal on March 27 for the supply of anti-tank shells to the Army and agreement in this regard was inked by Defence Ministry officials from India and Rosoboronexport officials from the Russia side, Defence Ministry told PTI here.

The Cabinet Committee on Security headed by the Prime Minister had recently cleared the proposal to acquire 66,000 3UBK20 (Mango) tank ammunition from Russia, they said.

Read the full story at Brahmand