Rostec proposes Make in India projects at "AERO INDIA-2017"
Bangalore: Rostec State Corporation presents the latest developments in aircraft technology, air defence and radio-electronic warfare at "Aero India 2017”. The Russian delegation of 350 people is at the event. Rostec holding companies - Russian Helicopters, Technodinamika, UEC, Tecmash and Shvabe will be participating in the 900 sq m Russian exhibition and intend to conduct negotiations with strategic partners in the framework of executing current and negotiating new contracts, as well as proposals for new projects under the Make in India program.
At Aero India-2017 executives of Rostec State Corporation delegation are to hold negotiations with representatives of the Indian government, heads of India’s Ministry of Defence and IAF, as well as HAL, Larsen & Toubro, Bharat Forge among others. The joint Rostec and Rosoboronexport delegation is headed by the Director of International Cooperation and Regional Policy Viktor Kladov.
Rostec CEO Sergey Chemezov: "AeroIndia-2017 is an important event for India’s and regional aviation market. India has for many years been a strategic partner of Russia and of Rostec. Our two nations have successfully worked on multiple projects bringing Russian technology to India and producing state-of-the-art military equipment locally, most notably Su-30MKI fighter jets, T-90S tanks and the Brahmos missile. Now the Modi government adopted the «Make in India» course aimed at localization of production of military products in India and it involves creation of joint ventures and deep transfer of technology. In the framework of this program we have signed an agreement to establish a joint venture for the production of Ka-226T in October 2016 at the BRICS summit. Now there is active implementation of this project. We are also working on the expansion of cooperation in various fields in accordance with Make in India – in the traditional sphere of military-technical cooperation and in non-military areas such as electronics, biotechnology and composite materials."