Russian Helicopters is owned by state-owned Russian conglomerate Rostec. India and Russia signed a deal in 2015 under Indian Prime Minister Narendra Modi’s ‘Make in India’ program for the supply of 200 Russian KA 226T helicopters, with Russia to deliver 60 and the remaining to be assembled and manufactured in India. The two countries also have held preliminary talks for the supply of over 100 of the KA 226-T helicopters for the Indian Navy, Boginsky said. “The main winner will be India if both orders are joined,” he said, adding Russian Helicopters was awaiting a formal request of an order from the Indian Navy. Civilian helicopters account for about 30-35% of Russian Helicopters’ total sales while the remaining 65-70% are military choppers.

Source: bd News24 November 17, 2019 11:37 UTC