50 SKY SHADES - World aviation news

India, Russia Have Finalised Agreement To Produce Ka-226T Helicopters

Download: Printable PDF Date: 19 Feb 2017 16:35 (UTC) category:
Publisher:
India, Russia Have Finalised Agreement To Produce Ka-226T Helicopters - Manufacturer publisher
Dana Ermolenko
Country: Russian Federation Aircraft: Helicopters
Source: Ruaviation

India’s Hindustan Aeronautics Limited and Russian defence firms have finalised the Joint Venture agreement to produce light weight multi-role 'Kamov 226T' helicopters in India.

The document is awaiting formal registration with relevant bodies in the respective countries which is likely to take another "month or two", a top Russian defence executive was quoted as saying by Press Trust of India Tuesday. The Inter-Government agreement was signed during Prime Minister Narendra Modi's visit to Russia in December, 2015.

Last year in October, Russian Helicopters, Rosoboronexport and HAL Corporation had formed a joint venture to localise the production of Ka-226Ts and deliver them to the Indian market in an estimated USD 1 billion deal.

The agreement for the Joint Venture (JV) was signed at the BRICS summit in Goa last year. Besides the assembly, the JV provides terms for maintenance, operation and repairs of these helicopters.

"Since October 2016, the project has been moving full steam ahead. We have conducted multiple negotiations, most recently in January this year. In January, the document work for the JV was completed and they have been sent for registration with the relevant government bodies," Viktor Kladov, head of International Cooperation, Rostec said.

The JV would be reality within one to two months as this was the final stage of forming the joint venture company, Kladov said.

When the JV is registered, it can start acting as a subject and negotiate the terms with customers and parent companies. The schedule of delivery and localisation as well as the terms and the number of units will be up to the JV to finalise.





Recommended

Gulfstream and Rolls-Royce take sustainable aviation to new heights

Rolls-Royce Pearl 700 engines successfully powered the first flight of the Gulfstream G800 using 100% Sustainable Aviation Fuel. The flight was part of Gulfstream Aerospace’s high-altitude fligh...

Do228 NXT Demonstrator makes international trade fair debut at Farnborough International Airshow 2026

General Atomics AeroTec Systems will showcase the brand-new Do228 NXT Demonstrator aircraft at the Farnborough International Airshow (July 20–24, 2026) in Great Britain, marking the aircraft'...

SkyDrive signs MoU on eVTOL operations in Japan with Japan Biz Aviation

SkyDrive announced the conclusion of a MoU with Japan Biz Aviation Co. SkyDrive currently holds a cumulative total of 427 aircraft orders from partners in Japan and overseas (the order...

easyJet’s 15,000th Fearless Flyer participant takes to the skies as new Autumn and Winter courses launch

easyJet has welcomed its 15,000th Fearless Flyer participant onboard and helped them take to the skies with confidence. Since launching in 2012, easyJet’s Fearless Flyer programme has helpe...

Android Apps development in Riga, Latvia