Category : Defense
 India and Russia sealed a USD 500 million deal for construction of two missile frigates in Goa for the Indian Navy, sending a clear signal of continuing with high-level defence collaborations notwithstanding the US warnings of sanctions. The agreement for manufacturing of the two Talvar-class warships was signed between defence PSU Goa Shipyard Ltd (GSL) and Russia’s state-run defence major Rosoboron export under the government-to-government framework for defence cooperation. |
| Source- The Economic Times |
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