Russian firm in talks with Indian companies to localise

[Dr Gupta]

Russian firm in talks with Indian companies to localise After winning a Rs 166-crore after-sales service delivery contract with the Indian Air Force for Russian-origin helicopters and planes, Technodinamika is in talks with state-owned companies in India for a joint venture to fully localise the maintenance process. | 1 Comments After winning a Rs 166-crore after-sales service delivery contract with the Indian Air Force for Russian-origin helicopters and planes, Technodinamika is in talks with state-owned companies in India for a joint venture to fully localise the maintenance process. Technodinamika, a Rostec State Corporation company, has announced that it has concluded after-sales service delivery contracts to the tune of Rs 166 crore (1.6 billion ruble) with the Indian Air Force (IAF) for the period 2016-2017. At present, around 900 aircraft produced in Russia (and the former Soviet Union) are in use by the IAF. "India is one of the largest after-sales service markets for us. By 2018, we plan to cover 15 per cent of the demand in India for repairs of assemblies and components for the aircraft produced in Russia," Head of Technodinamika, Maxim Kuzyuk said. An end-to-end service centre set up in Delhi will be used to conduct repairs of Russian equipment used by the IAF, he said. The service centre will be responsible for procuring hardware and ground equipment as well as supply components for Russian-made planes and helicopters. The intention is that the process of maintenance will be fully localised in India. Technodinamika is currently in negotiations with its Indian counterparts to create a joint venture in this regard, the company said. In 2015, Technodinamika won contract for delivery of components to the IAF and also, its Aviation Service Centre got registration. The company has since then started delivery of relevant components to the air force under the concluded contract. Technodinamika specialises in design, production and after-sales service of aircraft systems and equipment. The company also produces equipment and components for industries in the oil and gas, automotive, transport, and energy sectors. Technodinamika consists of 36 companies located all over Russia, including in Moscow, Moscow Region, Ufa, Samara, Yekaterinburg and Archangelsk Region. PTI SAP SMJ SC .

http://www.moneycontrol.com/news/business/russian-firmtalksindian-companies-to-localise_6507221.html

 

[Dr Gupta]

@Abingdonboy @Penguin @Skull and Bones @Nair saab @nair other members sorry I do not know many Id's here

 

[Dr Gupta]

Will this also increase our reliability service rate for our Sukhois?