Zarvan
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Rostec State Corporation expects to sign a deal for supplying 48 Mi-17V-5 helicopters to the Indian armed forces, soon.
A commercial proposal has been presented to the Indian side earlier this February and after the commercial terms are agreed upon, a firm order is expected to be received this year, the company announced Friday.
In 2008-2015, Rosoboronexport, a company of Rostec State Corporation had already supplied a total of 151 units of the Mi-17V-5, produced by the Kazan Helicopter Plant of Russian Helicopters.
"The negotiations within this contact have been launched. Currently the Indian side is considering our commercial proposal, which we sent earlier this month. As you know, recently we completed deliveries under a previous contract for 151 units of Mi-17V-5. Over a long time, Russian helicopters have gained a reputation for being very efficient and reliable machines and the intention of the Indian army to purchase a new batch of Mi-17V-5 is proof of that. Since this is not the first contract for these helicopters, we assume that the negotiations will not take a long time: the technical specifications and parameters have been agreed, the two parties will only have to agree upon the commercial terms. It is not just about price, which is affected by inflation, but also the order and timing of deliveries and payments. I am sure that the contract will be concluded this year, perhaps even in a few months. India has long been and remains our strategic partner, and we intend to maintain our leading position in the helicopter sector and increase Rostec's presence in the region." said Sergei Chemezov, CEO of Rostec State Corporation.
India, Russia Commence Commercial Negotiations For 48 Mi-17V-5 Helicopter Purchase