30 March 2015

Editorial: Will India Lease Another Russian Nuclear Submarine?

INS Chakra (Wiki Info - Imaqge: Wiki Commons)

By Ankit Panda

India may lease another nuclear submarine from Russia.

In December 2014, Russian President Vladimir Putin traveled to India, traditionally a major consumer of Russia-made military equipment. In New Delhi, Putin met Indian Prime Minister Narendra Modi and the two pledged to deepen their defense ties. During that visit, Russia’s trade minister, Denis Manturov, hinted that Moscow would eagerly lease a nuclear submarine to India if there was interest:  “If India decides to have more contracts to lease nuclear submarines, we are ready to supply,” he noted. India currently operates one Akula-II-class nuclear submarine, the INS Chakra, leased in 2011 from Russia for a 10 year period. The lease weighs in at $970 million, representing a considerable portion of India’s cumulative spending on Russian equipment.
The Russian minister’s comments were not entirely out of left field: Indian defense ministry officials had told the press that the Indian Navy would acquire another nuclear submarine from Russia. After December, information surrounding a potential second submarine lease died down — until this week. The Russia and India Repor noted last week that a Russian shipbuilding industry source noted that “Russia is ready to lease a second Project 971 Shchuka-B submarine to India for a period of ten years.” The report continues:
The submarine will be customized by the Amur shipyards. Modernization and testing of the submarine and training of the Indian crew will take three years. The Kashalot will be transferred to the Indian Navy in 2018, the source noted. 

Read the full story at The Diplomat