Russia Proposed Joint Venture with India in Defence Manufacturing

Russia and Government of India on 21 September 2013 agreed on collaboration to jointly develop and manufacture civilian aircraft and helicopters for especially for emergency relief and medical purposes. Russian Government also offered to set up manufacturing facilities in the India for joint production of defence hardware. Russia and Government of India also reached an understanding for setting up two major projects in a joint venture for producing civil choppers and aircraft. This was decided during the 7th India Russian Forum on Tr…