Mumbai - India has cancelled a massive multi-million dollar missile deal with Israel, the Indian press reported on Monday, in what would be a major blow to flourishing Israeli-Indian ties.

According to the report, a 2014 decision by New Delhi to purchase Rafael Advanced Defense System’s Spike anti-tank guided missile, had been overturned.

Instead, the Indian Express reported, the Indian government has asked the country’s Defense Research and Development Organization to develop its own anti-tank missile.

India had decided to purchase the Spike missile in 2014, selecting Israel’s government-owned Rafael defense contractor over a rival US offer of Javelin missiles that Washington had lobbied hard to win.

According to reports at the time,...read more at JPost