“The first payment by the Indian side under the contract for the supply of S-400 systems has been received. In what currency are payments going, I will not specify. But this is a very positive moment for intensifying the planned work on the production of the first elements of the system, ”RIA Novosti quotes Mikheev.
According to him, the first regimental set of the S-400 system will be delivered to India in September 2021, "exactly two years after receiving the advance payment."
Earlier, the head of Rostec, Sergei Chemezov, talked about receiving an advance from India for the supply of S-400, specifying that the contract should be completed in 2025.
The contract for the supply of S-400 Triumph in the amount of more than $ 5 billion was signed by the Russian and Indian parties in October 2018.