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I am really interested in India's stance on this. Russia is India's largest source of arms, and even now Russia still has arms worth blns to be delivered to Ind
by noirchen 5y ago
I am really interested in India's stance on this. Russia is India's largest source of arms, and even now Russia still has arms worth blns to be delivered to India. The last two years saw some border dispute between India and China, and despite China's request, Russia still managed to sign a huge military contract with India, and India has been ambiguous over the Ukraine war like China. What will India do next if Russia decides to use Chinese transaction system (which is almost certain unless Putin is overthrown)? And if we count in those countries still actively buying Russian weapons, including Algeria, Egypt, Vietnam, Turkey...we probably need some time to see how things will unfold.
- AmIDev 5y agoIndia has plans to set up a rupee based transaction system with Russia. https://financialpost.com/news/economy/india-explores-setting-up-rupee-trade-accounts-with-russia-to-soften-sanctions-blow-sources https://financialpost.com/news/economy/india-explores-settin... In the long term, India has been working on indigenous development of military technology. Based on [1][2][3], one can see that while lot of stuff has been developed locally, especially w.r.t missiles and ships, there is still heavy dependency on Russia for Russian and Soviet made weapons. Especially, India lags behind in aircraft(engines to be specific), where progress was sabotaged despite good initial progress(see HAL Marut). [1] https://en.wikipedia.org/wiki/List_of_equipment_of_the_Indian_Army https://en.wikipedia.org/wiki/List_of_equipment_of_the_India... [2] https://en.wikipedia.org/wiki/Weapon_systems_of_the_Indian_Navy https://en.wikipedia.org/wiki/Weapon_systems_of_the_Indian_N... [3] https://en.wikipedia.org/wiki/List_of_active_Indian_military_aircraft https://en.wikipedia.org/wiki/List_of_active_Indian_military...