India Finalizes $2 Billion Russia Sub Deal as Putin Visits

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India currently operates 17 diesel-powered subs, NTI said.

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Putin is set to arrive in India on Thursday for his first visit to the country since Russia’s full-scale invasion of Ukraine.

India Clinches $2 Billion Russia Submarine Deal as Putin Visits

The Indian Navy's Chakra submarine.

India will pay about $2 billion to lease a nuclear-powered submarine from Russia, according to people familiar with the matter, finalizing delivery of the vessel after roughly a decade of talks just as President Vladimir Putin makes a visit to New Delhi.

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