Following an exchange of agreements and press statements, Putin will arrive at the ITC Maurya Hotel, where the India-Russia Business Summit is scheduled to take place at around 3:30 PM.
China was the first foreign buyer to seal a government-to-government deal with Russian Federation in 2014 to procure the lethal missile system and Moscow has already started delivery of an undisclosed number of the S-400 missile systems to Beijing.
While New Delhi is cozying up to Moscow for the mega-billion defence deals, the looming USA sanctions can't be overlooked.
Putin and Modi, who appear to enjoy a personal rapport, are also likely to discuss a deal for four Krivak-class frigates worth $2 billion and 200 light utility Ka-226 helicopters pegged at $1 billion.
The INSTC project has been created to increase trade connectivity between India, Iran, Afghanistan, Armenia, Azerbaijan, Russia, Central Asia and Europe through a 7,200-km-long, multi-modal network of ship, rail and road routes for moving freight between these countries.
Rockies lose tiebreaker, will play Cubs in NL Wild Card
The Brewers likewise got out to an early lead, getting two in the first inning before rolling to an 11-0 win over the Tigers. The Dodgers and Giants each won five games at Dodger Stadium, and have split their first eight games at AT&T Park.
"The India-Russia partnership is a time-tested one with a high level of trust between the political leaderships".
S-400 is known as Russia's most advanced long-range surface-to-air missile defence system.
"Dry runs of the two routes were conducted in 2014 and have shown that transit time can be cut down by 14 days and between 30-40 per cent saved on costs", the former diplomat said. Notably, according to a defense source speaking to The Hindustan Times, the contract will not contain an offset clause in order to expedite delivery of the S-400 air defense systems. Modi and Putin are also expected to explore ways to further deepen cooperation between the two countries in a number of sectors including trade, investment, connectivity, energy, space and tourism. Moscow is now expanding India's biggest nuclear power plant in Kudankulam. Sources in New Delhi told The Indian Express these will cover areas such as nuclear, space, economic issues, among others. The US is now India's second biggest arms supplier.
But military kit is the main focus. Prime Minister and Narendra Modi will meet Russian President for bilateral talks on 5th October.
On the strategic front, Russian Federation helped India become a full member of the Shanghai Cooperation Organisation this year and has backed New Delhi's long-held demand for a permanent UN Security Council seat. A more robust relationship with India will also help dispel fears in New Delhi that Moscow has drifted closer to Beijing.