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CCI Business Bulletin 14/04/2018-20/04/2018
Saturday Apr 21, 2018

India signs 7 defence deals with Russian firms

Seven agreements were signed between Indian and Russian companies in defence sector.Ministry of defence had identified 48 items covering all major platforms which can be made in India with Russian collaboration. The products to get support include helicopters, aircraft and naval systems. Four platforms – 231 Mark-I aircraft, INS Vikramaditya, MiG-29K aircraft and Mil Mi-17 helicopters – were identified for manufacturing of components and spares in India through transfer of technology, partnerships and JVs with the Russian OEMs.

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