Russia-India Arms Deal Backed By Historic Ties -- BBC News
Russian President Dmitry Medvedev has signed a contract for the joint development of a new fighter aircraft during a visit to India. The deal could eventually be worth $30bn (£19.4bn) to Russia.
President Medvedev met Indian Prime Minister Manmohan Singh in Delhi, where they agreed on the joint development of a so-called joint fifth-generation fighter plane.
India and Russia were allies during the Cold War, and Delhi has traditionally bought many of its arms from Moscow.
Read more ....http://www.bbc.co.uk/news/world-europe-12053004
More News On The Growth Of Russian - Indian Ties
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Russia and India consolidate ties with trade deals -- BBC
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India, Russia ink 30 pacts on defense, nuclear, space -- Xinhuanet
Russia, India Sign Economic and Defense Agreements -- Wall Street Journal
Russia, India sign design contract for prototype multirole fighter -- RIA Novosti
India, Russia sign deal for fifth generation fighter aircraft -- The Hindu
FACTBOX-India, Russia strike deals during Medvedev visit -- Reuters
India, Russia mark decade of strategic ties with Medvedev visit -- CNN