Hindustan Aeronautics Limited (HAL) and a partnership between Russian Helicopters and Russian military export agency Rosoboronexport signed an agreement to establish a joint venture (JV) to support the construction in India of twin-engine Kamov Ka-226T ‘Hoodlum’ light multirole helicopters.
The signing of the agreement on creation of the joint venture is part of the Russian-Indian summit, which is taking place in the Indian state of Goa today. For Russia, the agreement was signed by Russian Helicopters CEO Alexander Mikheev and the head of Rosoboronexport Anatoly Isaikin. Both Russian Helicopters and Rosoboronexport are part of State Corporation Rostec. The Indian side was represented by the Chairman and Managing Director of Hindustan Aeronautics Limited (HAL) Suvarna Raju.
Under the terms of the intergovernmental agreement, the joint Russian-Indian enterprise created by Russian Helicopters, JSC Rosoboronexport and India’s HAL Corporation must arrange the localization of production and supply of 200 light multirole Ka-226T for 9 years. The first 60 helicopters will be produced in Russia, and the production of the remaining 140 helicopters is being planned in India. In addition to the assembly, the agreement provides for maintenance, operation, repairs and technical support cooperation.
During the conference India also signed deals to purchase S-400 Triumf (SA-21 ‘Growler’) surface-to-air missile systems for about USD6 billion and four Talwar-class (Krivak III) guided-missile frigates for about USD3 billion, two of which will be built in India.