1. Brics Summit 2016: Russia keen to invest in India for making defence aircraft

Brics Summit 2016: Russia keen to invest in India for making defence aircraft

Russia is looking forward to collaborate with India in the manufacture of defence planes and spare parts for aircraft. Denis Manturov, Russian Minister for Industries and Trade, said this after visiting Multi-modal International Hub and Airport at Nagpur (MIHAN) yesterday.

By: | Updated: October 15, 2016 5:10 PM
Manturov, who led a delegation of trade and industry representatives from his country, met Maharashtra Chief Minister Devendra Fadnavis. (Reuters) Manturov, who led a delegation of trade and industry representatives from his country, met Maharashtra Chief Minister Devendra Fadnavis. (Reuters)

Russia is looking forward to collaborate with India in the manufacture of defence planes and spare parts for aircraft.
Denis Manturov, Russian Minister for Industries and Trade, said this after visiting Multi-modal International Hub and Airport at Nagpur (MIHAN) yesterday.

Manturov, who led a delegation of trade and industry representatives from his country, met Maharashtra Chief Minister Devendra Fadnavis.

The delegation visited MIHAN and saw the facilities and world-class infrastructure available at the project developed by Maharashtra Airport Development Company (MADC).

In a release issued last night, MADC quoted Manturov as saying Russia was “looking forward to invest in India in collaboration with the Central Government, especially in manufacturing spare parts of aircraft and making defence planes”.

He found Nagpur an ideal location for such units and said his Government was keen to investment in them.

Manturov said he would encourage Russian companies to invest in MIHAN.

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