India has moved a step further and reached a milestone in its project of procuring and co-producing 200 Kamov Ka-226T helicopters worth Rs 21,000 crore from Russia for the Indian Army and Indian Air Force, defence ministry officials privy to the matter said.
The ministry, a few days ago, issued a Request for Proposal (RFP) for the project to the manufacturer, Russian Helicopters, part of Russian corporation, Rostec. “The RFP for the 200 Kamov helicopters was signed and given a week ago to Russian Helicopters. This is a milestone in the process of procuring them,” said an official. Read More
Latest posts by The Economic Times (see all)
- India needs $4.5 trillion for infrastructure development in the next 25 years, but who can fund? - January 23, 2019
- Edelweiss, India Infoline look to buy IL&FS unit - January 23, 2019
- Government to cancel Azure Power’s bid for manufacturing tender: RK Singh - January 22, 2019