• Sunday, May 22, 2022

Business

India buys Israeli missiles ahead of Netanyahu visit

Narendra Modi and Benjamin Netanyahu will meet again later this month

By: Sarwar Alam

India is to buy 131 surface-to-air missiles from Israel in a $70 million deal, the defence ministry announced Tuesday ahead of a visit by Israeli prime minister Benjamin Netanyahu. The Barak missiles made by Rafael Advanced Defense Systems are to be used for India’s first aircraft carrier which is under construction. Netanyahu will lead a business delegation to India on a four day trip expected in mid-January. Israel has become a major defence supplier to India, selling an average of $1 billion of military equipment each year. Last April the two countries signed a military deal worth nearly $2 billion which includes the supply over…

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