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Russia keen to invest in India for making defence aircraft

Press Trust of India  |  Nagpur 

is looking forward to collaborate with in the manufacture of defence planes and spare parts for aircraft.

Denis Manturov, Russian Minister for Industries and Trade, said this after visiting Multi-modal International Hub and Airport at (MIHAN) yesterday.

Manturov, who led a delegation of trade and industry representatives from his country, Chief Minister Devendra Fadnavis.

The delegation visited MIHAN and saw the facilities and world-class infrastructure available at the project developed by Airport Development Company (MADC).

In a release issued last night, MADC quoted Manturov as saying was "looking forward to invest in in collaboration with the Central Government, especially in manufacturing spare parts of aircraft and making defence planes".

He found an ideal location for such units and said his Government was keen to investment in them.

Manturov said he would encourage Russian companies to invest in MIHAN.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, October 15 2016. 15:57 IST