(MENAFN- KNN India) India to export missiles and domestic Pinaka multi-barrel rocket launchers to Armenia

New Delhi, Sept 29 (KNN) India has signed a deal to export missiles, rockets and ammunition, including indigenous Pinaka multi-barrel rocket launchers to Armenia.

This is due to the recent clashes with the troops of its neighbouring country Azerbaijan.

According to a report by Economic Times on Thursday, DefenceIndia signed an order for the arms export through a government-to-government route, through which the two nations inked contracts for the supply of arms and ammunition to Armenia earlier this month.

As per the report India will supply weapons worth more than Rs 2,000 crore over the coming months.

However the value of the contracts is not disclosed by the government.

Defence Research and Development Organisation (DRDO) developed and manufactured by indigenous private sector firms, Pinaka multi-barrel rocket launchers will be also be exported.

Armenia is also set to get anti-tank rockets as well as a range of ammunition from India under the bundled deal, the report stated.

Government of India has set a target to sell weapon systems worth Rs 35,000 crore abroad by 2025. (KNN Bureau)

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