India is moving forward with a $1 billion purchase of Spike anti-tank guided missiles from Rafael Advanced Defense Systems of Israel, overlooking the single-vendor situation in the deal, according to an Indian Ministry of Defence official.
Defense projects worth more than $35 billion hinge on the Strategic Partners policy, which has been awaiting adoption for a year, according to a senior Ministry of Defence official.
A diplomat with the Russian Embassy here said the issue will be taken up with the Indian MoD to establish a joint venture for the design and development of spares in India.
The Air Force is insisting that an agreement for joint development of the FGFA be reached at the earliest, lest the production of the aircraft be delayed.
India's private shipyards are unhappy with a Ministry of Defense decision to nominate state-owned shipyard Goa Shipyard to build two Russian Krivak-class stealth frigates over two private sector competitors, Larsen & Toubro Ltd and Reliance Defence and Engineering.
The two countries will co-develop and produce, locally, a medium-range surface-to-air missile for use by the Indian Army at a cost of more than $2.5 billion.
Inzpire says it is prepared to give full technology transfer of a range of app-based capabilities, in addition to a digital moving map and high-performance GPS to Indian companies for multiple military-operated aircraft.