This isn't decision of significance unless of course it is intend to kill LCH and following projects. Hate to repeat again, the logic given earlier for diversifying the procurement was to avoid putting all eggs in one basket but as i see only the basket has been changed and eggs are being transferred to that. C-17, C-130J, AH-64 Longbow, Chinook is sure thing etc.
Not really - earlier 80% of our defence procurement was from Russia.
Nowadays, the French have received the Scorpene Submarines, the mega-upgrade of the Mirages, the MMRCA is pretty much in their bag and they will probably get the Mistral and the Naval-MRCA too. In addition they will probably supply the A2A missiles for the MMRCA. Sizable chunk - eh Armand?
The Russians have got the Gorshkov and the Mig-29K, the PAK-FA/ FGFA, the Brahmos, the Super MKI, the missiles for the MKI and Mig-29K, the Akula submarine and the new AIP stealth submarines will probably go to them too. Add to this the Mi-35 helos and the Tu-142 Bear upgrades, the Kamov and the AWACS An-132s they get a sizable chunk too.
The Americans have got the C-17, C-130J, AH-64 Longbow, Chinook as Rahul mentioned above. They also got the P-8 Poseidons. The LCA engine and possible jaguar engines are also in their kitty, not to mention the sale of the Kitty Hawk! They will also get to sell some of the armament for these systems.
The Brits are running short, although they have got the Jaguar upgrades, the Hawk AJTs, the Augusta Westland helos and now the Sea King upgrades might go to them too.
The Germans have got the engines for the Arjun, the arty and the Taurus missile might go to them too.
The Israelis have been partners with India for a LONG time and have got in the Barak SAMs, the UAv deals, the Radar deals including the Rafael systems and in addition will help with FGFA and Super- MKI upgrades as well as any future AWACS India gets hold of.
If I have missed something, please feel free to add in.
Anyway, if you look at the recent defense deals of India, you can say that India is indeed diversifying it's sources - and it's a damn good thing too.