Russia will sell about 350 tanks to India according to a contract to be signed later this year, Russian news agencies reported on Saturday.

"India intends to buy in Russia new tanks T-90 in order to equip the division. This is about 350 tanks," Vladislav Polonsky, chief of the main tank forces management department of the Russian Defense Ministry, was quoted by Itar-Tass news agency as saying.

The contract is expected to be signed in autumn, Itar-Tass and the RIA Novosti news agencies said.

India has become a major importer of Russian military equipment. It has bought 310 Russian T-90S tanks, RIA said.