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Asian arms importers are leveraging their contracts to soak up technology and build up their own defense industries. (© Nikkei photo illustration)

India-Russia pact marks turning point in Asian arms race

South and Southeast Asia use buying power to win tech transfers

NEW DELHI -- India's Soviet-era military hardware will soon have a new source of replacement parts: India.

In Vladivostok on Sept. 5, India and Russia concluded lengthy negotiations on local Indian production of spare components. Though few details have been released, a source familiar with the talks said fighter jets like the MiG-27 and MiG-29 are likely the focus.

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