NEW DELHI, May 14. /TASS/. India’s national aircraft-building corporation Hindustan Aeronautics Limited is Russia’s most likely partner for joint production of the Kamov Ka-226T multi-purpose helicopter, the Press Trust of India news agency reported on Thursday.
According to the news agency, the partner will be selected after negotiations that should agree the details of a future deal.
The joint helicopter production was approved by the Indian government’s Defense Acquisition Council on Wednesday.
A source close to the Indian Defense Ministry told the TASS news agency that Russia’s state arms exporter Rosoboronexport and Helicopters of Russia rotocraft producer could participate in the joint venture with India for the helicopter production.
"Now talks are under way on production of up to 400 helicopters over a period of 10 years," the source said.
The source declined to specify the cost of a future deal, saying "it could be discussed only after concrete accords on the joint venture are reached."
The proposal on the joint production of Ka-226T helicopters was discussed during a visit by Russian President Vladimir Putin to India in December 2014 and his talks with Indian Prime Minister Narendra Modi.
The sides said during their talks at the time that Ka-226T helicopters could be subsequently exported to third countries.
The Ka-226T light multi-purpose helicopter was developed by Russia’s Kamov design bureau and is designed to transport up to 1 ton of cargoes and personnel to a distance of 450 km (280 miles).