India denies "new" $2bn submarine deal with Russia

India Dec 04, 2025

India says there's no fresh $2 billion submarine deal with Russia, contrary to recent reports.
Officials clarified it's actually an old agreement from 2019 for leasing a nuclear-powered submarine.
Delivery of the sub has been pushed from 2025 to 2028 due to unspecified delays.

Why does it matter?

This lease is significant for India's Navy, especially since its own homegrown submarines are running late.
The leased submarine will help train crews and boost underwater skills while India works on building its own fleet (expected by 2032).
It also highlights how much India still relies on Russian military tech—and shows the two countries are keeping their defense ties strong.