`India remains Russia`s client No.1 in arms export

India continues to be Russia`s largest strategic partner in military-technical cooperation, the head of Russian state arms exporter has said.

Last Updated: Sep 23, 2011, 14:28 PM IST

Moscow: India continues to be Russia`s
largest strategic partner in military-technical cooperation, the head of Russian state arms exporter has said.

"India, China, Algeria, Vietnam and Venezuela are our
leading partners," CEO of Rosoboronexport Anatoly Isaikin told
the Kommersant daily, adding that India is ‘client No.1’ for
Russia for years ahead.

He underscored that under the long term military-technical cooperation programme Russia is taking part in various projects, which include joint R&D and joint production.

Isaikin said Russia was currently bidding for 20 tenders
floated by India. "Winning at least half of these tenders is
huge luck for any state."

He, however, said that failure of MiG-35 in MMRCA tender was "extremely unpleasant and sensitive" for Russia.

Isaikin expressed confidence that Moscow will retain its
leading position in the Indian arms market in spite of entry
of new players like the US.

PTI