Make in India: Russia wants co-production of KA-226 choppers to start as soon as possible
ET had reported that Russia has informed the MoD about its understanding with Reliance Defence for this 'Make in India' project."

ET reported on Thursday that Russia has informed the Ministry of Defence about its understanding with Reliance Defence, a subsidiary of Reliance Infrastructure, for this 'Make in India' project." Ligay said the option to partner with India's public-sector enterprise Hindustan Aeronautical Limited (HAL) was also open. "The topic of who to work with, which company, is part of the negotiation process of the contract, as I am sure you understand. On behalf of Rostec, Russian Helicopters and Russia, I believe we are ready to work with any company that will be chosen by the Indian side," Ligay told ET in Kazan.
(In pic: MI-17 choppers ready for BSF at Kazan Unit of Russian Helicopters)
Sergev Chemezov, CEO of Russia's biggest defence conglomerate, Rostec, had earlier said on Wednesday that an inter-government agreement for 200 units has been signed of which 40 will be purchased and the rest will be manufactured in India. "I am certain that there will be further orders, by then the production process will be established and put in order," Chemezov had said. On Friday, Ligay has told ET: "The total number of units (of KA-226) has changed a few times already, and this, as well, is up to the Indian side to decide – the quantity. The question of local production, in India, is the question of quantities and timeframe, and the answer lies within the negotiations which are ongoing and the capabilities of the Indian side."
Chemezov had earlier said on Wednesday that Rostec had expressed its commitment to work with "either of two companies – Reliance of Mr Ambani and HAL, and it is up to the Indian government to decide who to grant this project, who they feel is better suited for this. For us this is no different, we could work with either."
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.