India and Russia would hold detailed discussions on deeper military cooperations, specifically on joint production of fifth generation fighter aircraft, upgradation of Su-30 MKI planes and firming up the contract for the S400 Triumf air defence system. Russian Defence Minister Sergei Shoigu will co-chair a meeting of the Indo-Russian Inter Governmental Commission on Military Technical Cooperation
(IRIGCMTC)with his Indian counterpart Manohar Parrikar.
iii. Both countries had firmed up plans to acquire the air defence system and other deals which were recently signed on the sidelines of the BRICS meet in Goa.
iv. Sergei Chemezov, CEO of Rostec State Corporation, a Russian coordinating organisation of 700 hi-tech civilian and military firms, had announced that they expect the agreement on fifth generation fighter aircraft (FGFA) to be finalized.
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