India and Russia are expected to sign this weekend a “complex agreement” for production of 200 Kamov 226T helicopters domestically. The agreement is expected to be inked on the sidelines of the 2016 BRICS Summit in Goa from October 13 to October 16. This agreement will be the next big step in cooperation between Russia and India.
A statement by Rostec State Corporation, an umbrella organisation of about 700 Russian firms said that the complex agreement to set up a joint production facility of Ka-226T helicopters is expected to be signed at the BRICS forum.
The preliminary contract was signed by the head of Rostec Sergei Chemezov, CEO and Prime Minister Narendra Modi in December last year.
Rostec is currently in negotiations with the Defence Ministry for a long-term contract for after-sales servicing of Russian-made helicopters, which are widely used in India.
