The visit comes soon after India and Russia inked an umbrella agreement for the procurement of four 4,000-tonne Grigorivich or Talwar-class guided-missile stealth frigates for the Indian Navy. While the first two frigates will be imported from Russia for around Rs 8,000 crore, the next two will be built at the Goa Shipyard with transfer of technology at an overall cost of around Rs 13,000 crore, as was reported by TOI.
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