India clinches $2 billion Russia submarine deal as Putin visits

  • Posted on December 4, 2025
  • By Business News Today
  • 2 Views
India clinches $2 billion Russia submarine deal as Putin visits

India will lease a nuclear-powered submarine from Russia for approximately $2 billion. This deal finalizes a decade of talks. President Vladimir Putin's visit to New Delhi this week underscores defense and energy ties. The submarine will be used for training purposes and is expected within two years. This acquisition enhances India's naval capabilities in the Indian Ocean region.
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