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Tuesday, November 17, 2009

Russian team in India to negotiate Gorshkov price

INS VikramadityaA 40-member Russian delegation has arrived in India to discuss the price hike for refurbishment of aircraft carrier Admiral Gorshkov, even as both the sides have "dug in their heels" on what they are willing to settle as the final price, an Indian Navy official said on Monday.

The price negotiations for Gorshkov, to be commissioned in the Indian Navy as INS Vikramditya, have dragged on for long with both sides refusing to budge from their stands.

"The Russian delegation is in town for the price negotiation of the aircraft carrier. But the current position is that both the sides (Indian and Russia) have dug in their heels as far as final price is concerned. What will matter now is who blinks first," the senior Indian Navy official told.

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