Seven MoUs signed with Russian OEMs.

Seven MoUs were signed at the Defence Expo 2018 by Indian private companies and Russian original equipment manufacturers (OEMs) to manufacture and develop spares and sub-assemblies of identified Russian-origin platforms in use by the Indian armed forces.

The MoUs were signed after the third India-Russia Military Industrial Conference at the Defence Expo 2018.

The delegations from the two sides deliberated on the need to improve after-sales support of Russian-origin platforms being used by the Indian forces.

They also deliberated on facilitating domestic manufacturing of some of the identified spare parts through collaborations between Indian vendors and Russian OEMs.

Earlier in the day, Dr. Ajay Kumar, secretary, Defence Production, invited Russian companies to invest in India. He invited them to manufacture spare parts and facilitate the transfer of technology of Russian equipment in India's armed forces.

“Platforms such as Sukhoi 31, Mig-29, Mi-17 and INS Vikramaditya have been identified for manufacturing of spares in India through joint ventures and transfer of technology with Russian OEMs,” Mr. Kumar said. (Source: The Hindu)