You are here: Home » Reuters » News
Business Standard

Rostec CEO says bureaucracy delaying delivery of helicopters to India

Reuters  |  ABU DHABI 

By Stanley CarvalhoABU DHABI (Reuters) - Russia is battling bureaucracy and waiting for some formalities to be completed before it delivers 60 military helicopters to India, the head of state-owned giant Rostec said on Monday. India and Russia signed an agreement in 2016 to jointly manufacture 200 KA-226T helicopters for the Indian Armed Forces. According to the agreement, 60 helicopters were to be delivered in 2019 and the remaining 140 to be assembled or manufactured in India."If we manage to complete all formalities" we can deliver Chief Executive Sergey Chemezov told Reuters at the IDEX ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, February 18 2019. 18:31 IST