Photo: PTIChennai: Seven memorandums of understanding (MoUs) were signed between Indian and Russian companies on Friday at the ongoing DefExpo that was formally inaugurated by Prime Minister Narendra Modi. Infrastructure major Larsen & Toubro (L&T) and Moscow-based Rosoboronexport signed an MoU for developing underwater platforms for Indian Navy,a press release said. Ananth Technologies and JSC Concern Radio-Electronic Technologies (KRET) inked pact for product support to develop defence systems and to manufacture spare parts and providing service and maintenance for such items. Ananth Technologies signed another MoU with Research and Production Corporation Uralvagonzavod to set up technical and logistic support for T90S and T72 Tanks to the Indian Army, the release said. Russian firm OSKROSOMARINE and JSC AGAT signed an MoU for development of Fregat radar on-board Indian Naval frontline warships.

Source: Mint April 13, 2018 14:15 UTC