Russia to ink with India Ka-226 Helicopter manufacturing deal

By: |
Updated: April 22, 2016 12:48 AM

Russia will sign a joint manufacturing contract with India for 200 Ka-226T light utility multirole helicopters before the end of the year, the head of the Russian state technology corporation Rostecs international cooperation department said.

Russia could supply air defence systems and other equipment to the Indian Vikrant-class aircraft carrier currently under construction Kladov said. (AP)Russia could supply air defence systems and other equipment to the Indian Vikrant-class aircraft carrier currently under construction Kladov said. (AP)

Russia will sign a joint manufacturing contract with India for 200 Ka-226T light utility multirole helicopters before the end of the year, the head of the Russian state technology corporation Rostecs international cooperation department said.

“So far we have an intergovernmental agreement, but we hope to draft and sign a contract with India before the end of the year. Accordingly, practical work on site will start from the beginning of 2017,” Viktor Kladov told RIA Novosti.

He specified that the agreement, signed during Prime Minister Narendra Modi’s December 24 visit to Russia, details the production of at least 200 helicopters.

“We are ready to transfer to the Indian side all that India is able to manufacture domestically. The first batch of helicopters will be made in Russia, and the next will be assembled in India with a strong degree of localisation,” Kladov added.

Kladov noted that the helicopter’s design allows it perform a variety of functions, including reconnaissance and target designation, search and rescue, as well as medical missions.

Russia could supply air defence systems and other equipment to the Indian Vikrant-class aircraft carrier currently under construction Kladov said.

“Guidance systems, air defense systems, as well as various systems of airborne weaponry, including anti-aircraft, could be supplied on board the aircraft carrier. An aircraft carrier is a vast platform and we have something to offer to our partners,” Kladov told RIA Novosti in an interview.

The first of the Vikrant-class aircraft carriers, the INS Vikramaditya, is Russian-built. The second vessel of the class, INS Vikrant, is set to become Indias first indigenous carrier. However, according to Kladov, India still needs Russia’s technical assistance in various aspects of the INS Vikrant project.

Do you know What is India expected to grow 10 pc during current fiscal: NCAER Director General Poonam Gupt,FinMin releases Rs 9,871 cr grant to 17 state, Cash Reserve Ratio (CRR), Finance Bill, Fiscal Policy in India? FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Don’t forget to try our free Income Tax Calculator tool.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Too early to conclude on lessons learnt from COVID-19 crisis: Nirmala Sitharaman
2Indo-US ties: Sitharaman, Yellen say focus on firm recovery policy
3India committed to bring economy on path of fiscal consolidation: Finance Minister Nirmala Sitharaman