Indian Prime Minister Narendra Modi and Russian President Vlamir Putin
Modi also said that it was an honour to welcome Russian President Vladimir Putin and Brazilian President Michel Temer for the summit scheduled to be inaugurated in Goa today.Reuters

India will sign a landmark deal with Russia during the Brics summit in Goa on Saturday. The deal will get India the most modern air defence system and to this end, Prime Minister Narendra Modi will meet with Vladmir Putin separately.

The S-400 Triumf anti-aircraft, capable of firing three separate types of missiles, can engage with 36 targets simultaneously and can destroy incoming aircraft, missiles and drones at a range of up to 400 km. If the deal is finalised on the sidelines of the Brics summit, it would make India the second customer of these missiles after China.

"Following the results of the negotiations between our president and (Indian Prime Minister Narendra) Modi, an agreement will be signed on the delivery of S-400 Triumf anti aircraft missile systems to India, as well as some other documents," Russian presidential aide Yuri Ushakov told the state media.

Russia and India will sign a $5 billion deal, which comes up to Rs. 33,000 crore, for the delivery of S-400 Triumf long range missile systems to the Indian capital of New Delhi. Manufactured by Almaz-Antey, the S-400 has been in service in Russia since 2007. China had bought these missiles, which is an upgraded version of the S-300, in 2015 for $3 billion.

Commenting on Russia's military ties with India, Putin told IANS, "Russia remains in the lead in terms of both direct supplies of most advanced weapons and military equipment and conducting joint researches with India as well as producing goods for military purposes. Our countries actively collaborate in the military technical field."