New Delhi, Oct 5, News24 Bureau: Russian President Vladimir Putin is in India and in all likelihood, India will sign a deal to procure S-400 missile deal. He reached India on Thursday. The Summit is important as US and Chins are watching it closely. 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. Here are the main highlights of the Summit:
-India inks $5.43 billion deal for S-400 Triumf missiles from Russia
-Deal for space cooperation signed between Russia and India . An Indian monitoring station will be built near the Russian city of Novosibirsk in Siberia
-Deal for five Russian S-400 Triumf missile shield systems has been signed by India. Official announcement at 1.30 pm: PTI Sources
-Delhi: Russian President Vladimir Putin meets PM Narendra Modi at Hyderabad House
-Russian President Vladimir Putin is in India to attend the 19th India-Russia bilateral annual summit with Prime Minister Narendra Modi.
-The deals were signed at the Hyderabad House in Delhi today.-The two leaders are also slated to discuss a number of key global and regional issues, including the United States sanctions on Iranian oil.-A number of crucial energy deals are also slated to be signed by the two countries during the bilateral summit. India's state-owned ONGC Videsh Limited (OVL) may also sign a pact with Gazprom, industry sources told Sputnik. OVL already has stakes in three operational projects in Russia.