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India to buy helicopters, jets from Russia

NEW DELHI, Dec. 24 (UPI) -- Russia on Monday signed a $2.9 billion deal to supply India with combat helicopters and warplanes, officials said.

Russian President Vladimir Putin signed the deal during his visit to New Delhi on Monday, RIA Novosti reported.

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"We have agreed to further strengthen our partnership in the sphere of military cooperation," Putin said after a meeting with Indian Prime Minister Manmohan Singh.

India will buy 42 Sukhoi Su-30 fighter jets and 71 Mil Mi-17 helicopters from Russia.

Putin also said Monday that he wants to see annual trade between Russia and India to double from the current $10 billion in the coming years.

"Our trade turnover has overcome the consequences of global crisis, and in 2012 we expect to reach record numbers, over $10 billion," he said. Our next goal is to reach $20 billion by 2015."

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