Is the Government Debunking a $2 Billion Nuclear Submarine Deal with Russia?

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Is the Government Debunking a $2 Billion Nuclear Submarine Deal with Russia?

Synopsis

The Indian government has denied reports about a new $2 billion nuclear submarine deal with Russia, clarifying that the lease pertains to an older contract. This statement comes amid ongoing discussions to strengthen bilateral ties and enhance trade during President Putin's visit to India. Read on to understand the implications for India-Russia relations.

Key Takeaways

  • Union government denies the existence of a new submarine deal with Russia.
  • Clarification states the deal is based on a 2019 contract.
  • Submarine delivery is planned for 2028.
  • India-Russia relations are strong and stable, lasting 78 years.
  • Trade discussions are focused on boosting Indian exports.

New Delhi, Dec 4 (NationPress) The Union government has officially denied a news article suggesting that India has entered into an agreement to lease a $2 billion nuclear-powered submarine from Russia.

Labeling the report as "misleading", the Press Information Bureau (PIB) clarified in a fact-check post on X that no new agreement has been finalized between the two nations.

The PIB emphasized that the submarine lease mentioned in the article, which originated from news agency Bloomberg, is tied to a contract established nearly six years ago, in 2019. The submarine's delivery is projected for 2028, as noted in the statement.

The Bloomberg article, which emerged just prior to Russian President Vladimir Putin's two-day visit to Delhi, alleged that India was on the verge of finalizing a $2 billion lease for a nuclear-powered attack submarine.

In a previous statement, the PIB mentioned that the India-Russia bilateral relationship has consistently remained robust and stable over the past 78 years, with a mutual commitment to fostering a multipolar world and expanding collaboration beyond traditional military, nuclear, and space cooperation.

Recently, the bilateral trade has witnessed substantial growth. During President Putin’s ongoing visit, discussions are set to occur regarding methods to enhance Indian exports and develop innovative cooperation models. Both nations are also eager to bolster inter-regional collaboration, particularly with the Russian Far East, and promote connectivity initiatives such as the International North-South Transport Corridor, the Chennai-Vladivostok Eastern Maritime Corridor, and the Northern Sea Route, as detailed in an official statement released on Thursday.

The statement further emphasized that defense remains a critical component of the enduring friendship and strategic partnership between India and Russia. The longstanding military technical cooperation between the two countries has transitioned from a buyer-seller model to one that involves joint research, development, and production of advanced defense technologies and systems. Russia continues to be a key supplier of defense equipment, engines, spare parts, and components. Numerous defense platforms, including T-90 tanks and Su-30 MKI aircraft, are also assembled or produced in India. Both parties are exploring co-development and co-production of defense equipment and platforms, with potential exports to other countries, such as the BrahMos missile system.

Point of View

It is vital to emphasize the importance of accurate reporting in the realm of international relations. The denial from the Indian government regarding the submarine deal highlights the necessity for transparency and factual integrity. As a nation, maintaining strong diplomatic ties is crucial, and misinformation can affect public perception and international standing. We must advocate for responsible journalism that upholds the principles of truth and accountability.
NationPress
06/12/2025

Frequently Asked Questions

What did the Indian government say about the submarine deal?
The Indian government refuted claims of a new $2 billion submarine lease with Russia, clarifying that it pertains to a contract signed in 2019.
When is the submarine expected to be delivered?
The delivery of the submarine is scheduled for 2028.
What is the significance of India-Russia relations?
India and Russia have maintained a strong bilateral relationship for 78 years, focusing on cooperation in military, nuclear, and space sectors, as well as expanding trade.
What initiatives are being discussed during President Putin's visit?
Discussions during Putin's visit include enhancing Indian exports and developing new cooperation models, along with strengthening inter-regional ties.
What is the historical context of India-Russia defense collaboration?
The defense partnership has evolved to include joint research and development, with several defense platforms produced in India.
Nation Press