Military and technical cooperation of two regional leaders: new challenges for Russia and India
Journal: RUDN Journal of Economics (Vol.26, No. 1)Publication Date: 2018-05-14
Authors : I Valueva; Y Konovalova;
Page : 28-37
Keywords : Russia; India; military and technical cooperation; MiG; Brahmos; export of weapons; import of weapons; value of orders; supply in fact;
Abstract
Scientific article is dedicated to the modern condition and prospect of Russian-Indian military and technical cooperation, the character of which can be characterized as significant and symbolic for partners. Such character can be proved by the place of Russia in Indian military market as the leader-importer, presence of an exclusive Program with India for military and technical cooperation till 2020. Determined that there are some factors that can decrease Russia’s share in India military marker, such as: liberalization of India’ investment policy and increasing of FDI Cap (% of equity) in to 49%; incapability of Russia to satisfy India’s demand and India’s policy of importers diversification. Activation and searching of new products, technologies and approaches could allow keep, strength and prolong Russia’s position in India market.
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