India is going to modernize a large number of tanks, both T-72s and T-90s.
The Russian defense enterprise Uralvagonzavod signed a contract worth millions of US dollars at the Russia Arms Expo -2015 arms exhibition for the delivery of spare parts for T-72 tanks to India, Uralvagonzavod Deputy CEO Alexei Zharich told TASS on Monday.
"As a result of negotiations, a multimillion contract was signed with the Republic of India at the Russia Arms Expo exhibition for the delivery of spare parts for T-72 tanks. The contract is designed for 2 years," he said.
Uralvagonzavod CEO Oleg Siyenko said in an interview with TASS earlier that the company had submitted its proposals to India on the upgrade of T-72 and T-90 tanks operational in the Indian Army.
"The Indian side said it was going to modernize a large number of tanks, both T-72s and T-90s. We transferred all the proposals on the modernization packages both for the first and second types of tanks," he said.
The Russia Arms Expo-2015 exhibition was held in Nizhny Tagil in the Urals on September 9-12 and brought together delegations from over 65 countries, including the United States, China, India and European countries. Overall, the exhibition was attended by almost 50,000 people.