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Russia's Putin seeks to boost military ties in India Russia's Putin seeks to boost military ties in India
(about 1 hour later)
Russian President Vladimir Putin is due to arrive in India on a trip aimed at strengthening military and trade ties. Russian President Vladimir Putin has arrived in India on a trip aimed at strengthening military and trade ties.
Mr Putin and Indian Prime Minister Manmohan Singh are expected to sign a number of major arms deals.Mr Putin and Indian Prime Minister Manmohan Singh are expected to sign a number of major arms deals.
Moscow has long been Delhi's key weapons supplier but has lost several major deals to Western companies in recent years.Moscow has long been Delhi's key weapons supplier but has lost several major deals to Western companies in recent years.
Trade between Russia and India is currently worth about $10bn (£6bn) a year, but growth has slowed recently.Trade between Russia and India is currently worth about $10bn (£6bn) a year, but growth has slowed recently.
Ahead of his one-day visit, Mr Putin said that he wanted to increase bilateral trade to $20bn by 2015. Ahead of the one-day visit, Mr Putin said that he wanted to increase bilateral trade to $20bn by 2015.
There was a last-minute change of the venue of the meeting between Mr Putin and Mr Sigh because of security concerns, following protests in Delhi over a gang rape of a female student.There was a last-minute change of the venue of the meeting between Mr Putin and Mr Sigh because of security concerns, following protests in Delhi over a gang rape of a female student.
The two leaders will now meet at Mr Singh's residence - not near Delhi's imposing India Gate, where the protests took place over the weekend.The two leaders will now meet at Mr Singh's residence - not near Delhi's imposing India Gate, where the protests took place over the weekend.
Moscow's concernMoscow's concern
In an article in India's Hindu newspaper, Mr Putin described as a "historic step" the declaration of strategic partnership between the two counties signed in 2000.In an article in India's Hindu newspaper, Mr Putin described as a "historic step" the declaration of strategic partnership between the two counties signed in 2000.
The Russian leader also said that the military co-operation between the two nations has reached an "unprecedented level".The Russian leader also said that the military co-operation between the two nations has reached an "unprecedented level".
Russia's currently accounts for some 70% of India's arms purchases, the BBC's Sanjoy Majumder in Delhi reports.Russia's currently accounts for some 70% of India's arms purchases, the BBC's Sanjoy Majumder in Delhi reports.
But India has recently signed a number of big defence contracts with the US and other countries, including France and Israel, our correspondent says.But India has recently signed a number of big defence contracts with the US and other countries, including France and Israel, our correspondent says.
Russia is concerned, he adds, that its traditional position as India's main arms supplier could be under threat.Russia is concerned, he adds, that its traditional position as India's main arms supplier could be under threat.