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Home World Business

Russia to assemble 400 choppers a year in India

byMonitoring Report
12/12/2014
in World Business
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New Delhi: The assembling of 400 twin engine helicopters project has finalized between India and Russia. Russian Deputy Prime Minister Dmitry Rogozin said after summit talks between President Vladimir Putin and Prime Minister Narendra Modi.

Rogozin said the deal related to the Ka-226T, a light multi-role helicopter built by Russian Helicopters that can be used for search-and-rescue operations in mountainous areas.

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Prime Minister Narendra Modi told President Vladimir Putin on Thursday that Russia will remain India’s top defence supplier, even though New Delhi’s options had improved since the end of the Cold War.

PM Modi spoke after a one-day summit that sought to revive a relationship that peaked in the Soviet era, while the two sides signed billions of dollars in deals covering nuclear power, oil and defence cooperation.

Mr Putin’s visit comes as the Kremlin grapples with a sliding oil price and weak economy that have deepened the impact of Western sanctions over its annexation of Crimea last spring and support for an uprising in eastern Ukraine.

The tension over Ukraine intruded on the choreographed visit when it emerged that the Russian-backed leader of Crimea had travelled as part of Mr Putin’s delegation for what were billed as unofficial talks to enhance trade.

“We highly appreciate the friendship, trust and mutual understanding with Indian partners,” said President Putin who touched on bilateral issues chiefly in his statement to journalists.

Tags: helicoptersKa-226T

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