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Home Contract

Russian Helicopters to sign pact with India

Fiinews by Fiinews
March 29, 2016
in Contract, Investment
Reading Time: 2 mins read
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Russian Helicopters' Mi-26Russian Helicopter Mi 8-17

Russian Helicopters’ Mi-26 and Mi8/17 for military service. For India, the like of these is Mi-17.  

Russian Helicopters, part of State Corporation Rostec, is looking to sign a long-term maintenance agreement with the Indian Ministry of Defense to provide after-sales service for Mi-17 helicopters.

“We have conducted negotiations with our Indian partners and we plan to sign a contract that will lay the foundation for collaboration between Russian Helicopters and India in an entirely new way,” said Igor Chechikov, Russian Helicopter’s deputy CEO at Defexpo India 2016.

“The company is shifting from offering separate services to providing comprehensive after-sales support,” he said in a statement emailed to media.

“The possibility of such collaboration is now being discussed with the Air Force, Navy and border patrol troops of India,” said Chechikov.

“For us, it will be the first long-term service contract with India,” he stressed.

“Set prices and delivery dates for supplying equipment needed to repair our helicopters are among the advantages of this type of contract.

“It will boost Russian-made helicopters’ after-sales system to a new level,” he said.

According to the preliminary agreement, Russian Helicopters will provide repairs to Mi-17 type helicopters and will supply spare parts for them throughout the entire life cycle of the rotorcraft.

Repairs of helicopters operated in India will be performed by enterprises belonging to Russian Helicopters holding company.

The contract life cycle is expected to be 3 years.

Its further extension, as well as an expansion of helicopter models covered by the after-sales support system, are also being considered.

Russian Helicopters is one of the global leaders in helicopter production and the only helicopter design and production powerhouse in Russia. fii-news.com

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