India inks $248 million deal with Russia for T-72 tank engines | India News – The Times of India
NEW DELHI: India on Friday inked a $248 million contract with Russia’s state-owned Rosoboronexport (RoE) for procurement of 1,000 HP (horsepower) engines for its fleet of T-72 Tanks in “fully formed, completely knocked down and semi knocked down” conditions.“The deal also includes transfer of technology (ToT) from M/s RoE to M/s Armoured Vehicles Nigam Limited…