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India, Russia finalise $500 million deal for construction of 2 warships for Indian Navy

Updated : November 21, 2018 06:29 AM IST

They said the agreement for the project was signed between defence PSU Goa Shipyard Ltd (GSL) and Russia's state-run defence major Rosoboronexport under the government-to-government framework for defence cooperation.
Under the deal, Russia will provide design, technology and some materials to GSL for construction of the ships in India.
India, Russia finalise $500 million deal for construction of 2 warships for Indian Navy
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