India has begun talks with Russia for a multi-million dollar deal to upgrade the army?s nearly 1,000 T-90 tanks, according to people familiar with the matter who asked not to be identified because the talks are private.
India and Russia also finalized agreements for the maintenance of the Air Force?s 270-jet Sukhoi combat fleet at the conference.
Over 100 Russian and 150 Indian industry representatives joined the conference, including officials from Uralvagonzavod OAO, the original equipment manufacturer of T-90 tanks.
India has inked contracts for about 1,450 T-90s from Russia since 2001, of which 124 were bought directly from Russia and the rest are being license-built at an Indian ordnance factory.
Russia is a major supplier of defense equipment to the India armed forces, with at least 60 percent of their arms inventory of Russian origin.
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