India, Russia Seal $5 Billion S-400 Missile Air Defence Deal

India and Russia signed the $5 billion S-400 air defence system deal during the annual bilateral summit between Prime Minister Narendra Modi and Russian President Vladimir Putin at Hyderabad House. The two countries are also expected to seal a number of pacts in key sectors such as space and energy.
India wants to procure the long-range missile systems to tighten its air defence mechanism, particularly along the nearly 4,000-km-long Sino-India border. The S-400 is an upgraded version of the S-300 systems. The missile system, manufactured by Almaz-Antey, has been in service in Russia since 2007.

Source- Economic Times

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