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523320
Wed, 02/20/2019 - 09:26
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Rosoboronexport arms trading company says its order book in India reaches $10 bln

MOSCOW, February 19. /TASS/. The order book of the Rosoboronexport arms trading company, an affiliate of the Russian State Corporation Rostec, in India reached $10 bln thanks to the record contracts for the supply of Russian military equipment signed last year, the company said in a press release on Tuesday. "Rosoboronexport appreciates the good partnership relations with its Indian customers. Last year, Russia and India took yet another set of significant steps towards each other by signing contracts for the supply of Russian military equipment and its production at national Indian enterprises, thus bringing the company's order book in India to $10 bln. We are not going to stop here and are ready to step up cooperation, including in the framework of the "Make in India" program," Director General of Rosoboronexport Alexander Mikheyev said as quoted by the press release. According to him, Russia is implementing "major and ambitious high-tech manufacturing projects with India, which are regularly discussed by the heads of both states at summit meetings." "Our cooperation is fully in line with the Government of India's Make in India policy. In fact, Russia was the first country to support the program. More than two hundred Su-30MKI aircraft have already been assembled in India in cooperation with the HAL Corporation under a contract with Rosoboronexport. We’ll soon start manufacturing Ka-226T helicopters in India at Indo-Russian Helicopters Limited, a Russian-Indian joint venture established in 2017. We are also actively cooperating on products for other services of armed forces," he said. According to the press release Rosoboronexport will present best developments of the national defense industry Aero India 2019, which will be held from February 20 to 24 at the Yelahanka Air Base in Bangalore. Rosoboronexport is the organizer of the joint Russian display at the exhibition encompassing products from 11 domestic defense enterprises and holding companies. In total, the company is exhibiting more than 200 pieces of defense hardware. "Of the products displayed at Aero India 2019, the newest Russian aircraft like the MiG-35 multifunctional front-line fighter, the Su-35 multi-role super-maneuverable fighter, the Il-78MK-90A tanker, the Il-76MD-90A(E) military transport aircraft, as well as the Yak-130 trainer (combat trainer) are of particular interest throughout the world and in the Asia-Pacific region," according to the press release. Also, according to Rosoboronexport, the Ka-226T day/night light utility helicopter, including its ship-based version, the Ka-31 radar picket helicopter, the Ka-27PS deck-based search-and-rescue helicopter and the Ka-52 scout/attack helicopter are promising in the region. "Air defense assets like the Pantsir-S1 self-propelled anti-aircraft gun and missile (SPAAGM) system, the Tor-M2E and Buk-M2E SAM systems and Igla-S MANPADS should be of equally great interest to foreign customers during the exhibition," the press service notes. It is also expected that representatives of the security agencies of the Asia-Pacific countries will draw special attention to counter-terrorism solutions, security systems for high-value installations and airfields, as well as Russian-made EW assets and counter-UAV systems, according to the statement. Read more

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