KIEV, Aug. 29 - Ukraine and India are working on expanding military and technical cooperation, and the parties are in talks on cooperation in modernization of T-72 armored vehicles for the Armed Forces of India, a source in the Ukrainian defense sector told Interfax-Ukraine.

"India is interested in placing an order for modernization of T-72 armored vehicles in Ukraine. Currently the parties are negotiating on organization of cooperation. The estimated need of Indian customers for upgraded T-72 armored vehicles, according to some estimates, exceeds 1,000 units," the report reads.