Indian Companies and Russian OEMs Sign 7 MoUs for Defense Hardware

Towards the 'Make in India' initiative of the Government, seven Memoranda of Understanding were signed between the Indian Private Defense sector manufacturing companies and Russian OEMs for manufacture/ development of spares/ sub-assemblies/ assemblies of identified Russian origin platforms in use by the Indian Armed Forces in collaboration with the Russian OEMs.

In order to improve after sales support of Russian Origin Defense Equipment in use with the Indian Armed Forces and to promote indigenous manufacturing of certain identified components/ spares by Indian companies in collaboration with Russian OEMs, two rounds of India. Russia Military Industrial Conferences were held in past, first one in March 2017 in New Delhi and second one in August 2017 in Moscow.

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