Editing Akula-class submarine (section)

=== Chakra III ===
Russia said in December 2014 that it is ready to lease India more nuclear-powered submarines a day after [[President of Russia|President]] [[Vladimir Putin]] and [[Prime Minister of India|Prime Minister]] [[Narendra Modi]] pledged to deepen defence ties.<ref>{{cite web |url=https://www.bloomberg.com/news/2014-12-12/putin-ready-to-lease-nuclear-submarines-to-india-minister-says.html |title=Putin ready to lease nuclear submarines to India, minister says |website=Bloomberg |date=12 December 2014 |access-date=14 December 2014 |first1=Natalie Obiko |last1=Pearson |first2=Anurag |last2=Kotoky |archive-url=https://web.archive.org/web/20141214165337/http://www.bloomberg.com/news/2014-12-12/putin-ready-to-lease-nuclear-submarines-to-india-minister-says.html |archive-date=14 December 2014 |url-status=live}}</ref>

In January 2015, it was reported that India was involved in negotiations involving the leasing of the ''Kashalot'' and the ''Iribis''.<ref name="vpk">{{cite web |url=http://vpk.name/news/124992_Indiya_vozmet_u_Rossii_v_arendu_atomnuyu_podlodku_Kashalot.html |title=Индия возьмет у России в аренду атомную подлодку "Кашалот" |trans-title=India to lease nuclear submarine "Kashalot" from Russia |language=ru |date=20 January 2015 |website=Novosti VPK |access-date=22 January 2015 |archive-url=https://web.archive.org/web/20150122111647/http://vpk.name/news/124992_Indiya_vozmet_u_Rossii_v_arendu_atomnuyu_podlodku_Kashalot.html |archive-date=22 January 2015 |url-status=live}}</ref>

On 7 March 2019, India and Russia signed a $3&nbsp;billion deal for lease of another ''Akula''-class nuclear-powered attack submarine. The submarine, dubbed as ''Chakra III'', should be delivered to the Indian Navy by 2025.<ref>{{cite web |last1=Gady |first1=Franz-Stefan |title=India, Russia To Sign $3 Billion Nuclear Sub Deal This Week |url=https://thediplomat.com/2019/03/india-russia-to-sign-3-billion-nuclear-sub-deal-this-week/ |website=The Diplomat |access-date=6 March 2019 |archive-url=https://web.archive.org/web/20190305145949/https://thediplomat.com/2019/03/india-russia-to-sign-3-billion-nuclear-sub-deal-this-week/ |archive-date=5 March 2019 |date=5 March 2019 |url-status=live}}</ref><ref>{{cite news |last1=Pubby |first1=Manu |title=India, Russia to ink $3 billion nuclear submarine deal this week |url=https://economictimes.indiatimes.com/news/defence/india-russia-to-ink-3-billion-nuclear-submarine-deal-this-week/articleshow/68248638.cms |website=The Economic Times |access-date=6 March 2019 |archive-url=https://web.archive.org/web/20190304231035/https://economictimes.indiatimes.com/news/defence/india-russia-to-ink-3-billion-nuclear-submarine-deal-this-week/articleshow/68248638.cms |archive-date=4 March 2019 |location=New Delhi |date=4 March 2019 |url-status=live}}</ref>

As of November 2024, the deal was delayed until at least 2028 according to multiple sources.<ref>{{Cite news |date=2024-10-24 |title=India launches its latest nuclear submarine with 75% indigenous tech: Here's what the new S4 means for regional security |url=https://economictimes.indiatimes.com/news/defence/indias-launches-its-latest-nuclear-submarine-with-75-indigenous-tech-heres-what-the-new-s4-means-for-regional-security/articleshow/114547188.cms?from=mdr |access-date=2024-11-11 |work=The Economic Times |issn=0013-0389}}</ref><ref>{{Cite news |date=2024-11-11 |title=Russia to deliver first of two missile frigates by month-end |url=https://timesofindia.indiatimes.com/india/russia-to-deliver-first-of-two-missile-frigates-by-month-end/articleshow/115152914.cms#amp_tf=From%20%251$s&aoh=17313347570304&csi=0&referrer=https://www.google.com&ampshare=https://timesofindia.indiatimes.com/india/russia-to-deliver-first-of-two-missile-frigates-by-month-end/articleshow/115152914.cms |access-date=2024-11-11 |work=The Times of India |issn=0971-8257}}</ref>