The Indian government has refuted a Bloomberg report claiming a new $2 billion submarine deal with Russia, clarifying that any discussions pertain to a previously established 2019 contract for a nuclear-powered submarine, with delivery now expected in 2028. Concurrently, reports suggest that India is finalizing a $2 billion lease for a Russian nuclear submarine, marking a significant move in defense procurement just ahead of President Vladimir Putin’s visit to India. This deal, which aims to enhance India’s naval capabilities and training for nuclear operations, highlights ongoing defense cooperation between India and Russia, despite India’s diversified arms procurement strategy that includes the US and European nations. As the geopolitical landscape evolves, with increasing focus on the Indian Ocean region, India’s commitment to strengthening its naval capabilities through such partnerships underscores its strategic autonomy and the importance of robust military ties with Russia.