India buying 347 Russian T-90 tanks

India confirmed Monday it will purchase 347 T-90 battle tanks from Russia and said it will consider a demand from Moscow that it pay an additional US$1.2 billion because of delays in a deal for a Soviet-built aircraft carrier and 16 fighter jets.

Visiting Russian Defense Minister Anatoly Serdyukov and his Indian counterpart A.K. Antony also signed a protocol Monday for the joint development and production of military hardware.

Another 1,000 T-90 tanks will be manufactured in India under a technology transfer agreement with Russia, an Indian defense ministry statement said.

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