News Story: Reliance Defence, Russia's AlmazAntey Partner on Air Defense Systems for India

Image: Wiki Commons

By Vivek Raghuvanshi

NEW DELHI — In a major boost to India's "Make in India" drive, private-sector defense major Reliance Defence signed a manufacturing and maintenance deal with Russia's AlmazAntey Thursday in Moscow to jointly develop and maintain a variety of air defense and radar systems for the Indian defense forces.

"'The two firms (Reliance Defence and AlmazAntey) also discussed the joint implementation of modernization, repair and deep overhauls of AlmazAntey systems already in service with the Indian Armed Forces,” read a statement by Reliance Defence, which is a subsidiary of Reliance Infrastructure owned by billionaire Anil Ambani.

The deal coincides with Indian Prime Minister Narendra Modi's Thursday and Friday visit to Moscow.

Read the full story at DefenseNews