India signs 3 billion USD with Russia for attack submarineStaff Writer | March 8, 2019
India has signed a deal worth 3 billion U.S. dollars with Russia for leasing a nuclear-powered attack submarine for the Indian Navy for a period of 10 years, said media reports on Friday.
Asia Russia will have to deliver the "Akula" class submarine
It will be the third Russian submarine to be leased for the Indian Navy.
The country's defence ministry, however, has not announced the deal officially.
A Press Trust of India (PTI) report stated that a spokesperson in the Ministry of Defence refused to comment about the deal. ■