India has signed severa­l big-ticket defenc­e deals since Prime Minist­er Narend­ra Modi came to power in 2014NEW DELHI: India is to buy 131 surface-to-air missiles from Israel in a $70 million deal, the defence ministry announced Tuesday ahead of a visit by Israeli Prime Minister Benjamin Netanyahu. The Barak missiles made by Rafael Advanced Defense Systems are to be used for India’s first aircraft carrier which is under construction. Netanyahu will lead a business delegation to India on a four day trip expected in mid-January. Israel has become a major defence supplier to India, selling an average of $1 billion of military equipment each year. Last April the two countries signed a military deal worth nearly $2 billion which includes the supply over several years of medium-range surface-to-air missiles, launchers and communications technology.

Source: The Express Tribune January 02, 2018 11:48 UTC