There are also 10 national pavilions, Victor Nikolayevich Kladov, the head of the Department of International Cooperation and Regional Policy, Rostec State Corporation, said, adding that Indian firms like Hindustan Aeronautics Limited, Larsen and Toubro and many others are participating in the event.
"It is one of the four biggest airshows worldwide.It's a big show. Some 800 companies participating from Russia and 180 companies from 37 countries," said Kladov said ahead of the event.
"We will further talk on our joint venture Ka-226 helicopter production and a number of other mutual defence projects," he said.
Russian media has been pitching the MiG-35S multipurpose generation 4++ fighter jet as the star attraction at the air show, which is in its 13th edition.
Russia's MiG-35S fighter jet will certainly be remembered as one of the highlights of the event, Sputnik News said.
"We will roll out our MiG-35 aircraft at the MAKS-2017 air show, we also plan to hold talks on its export deliveries," Chief Executive Officer of the MiG Aircraft Corporation Ilya Tarasenko was quoted as saying by Russian news agency Tass just days before the event.
The MiG-35 is an advanced version of the series-built MiG-29K/KUB and MiG-29M/M2 combat aircraft, the report said.
The fighter has improved flight performance, a state-of- the-art avionics system, and carries a wide range of air-to- air and air-to-surface guided weapons. Flight tests of the MiG-35 began in January 2017.
Rostec Corporation, one of the main organisers of MAKS- 2017, will present the latest Russian developments in the space industry as well as in aircraft and helicopter engineering and weapons.
"During the salon, we plan to reach several key agreements with our strategic partners. In particular, we intend to conclude an agreement with United Aircraft Corporation (UAC) on the supply of new engines for Il-114-300 and to sign a memorandum with Chinese partners for the creation of a Russian engine for wide-body long-range aircraft on the basis of United Engine Corporation (UEC)," said General Director of the State Corporation Rostec Sergey Chemezov said ahead of the event.
Asked if Western sanctions against Russia would hamper the airshow, Kladov said they won't affect it as, "politics is politics and business is business".
Rostec Corporation is a Russian firm that was established in 2007 to facilitate the development, production and export of high-tech industrial products designed for civilian and military applications.
The Corporation comprises over 700 organisations that are currently part of eleven holding companies operating in the military-industrial complex and three holding companies working in civilian industry.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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