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Moscow and New Delhi have finally come to an agreement over the joint development of a medium-lift military transport aircraft under the MTA programme. The plane should replace the ageing An-12 and An-26 fleet, while becoming an alternative to the American-made С-130 Hercules recently purchased by the Indian Air Force. By entering into this contract, Russia is hoping to restore its seriously weakened positions in military and technical cooperation with India, while India is aiming to achieve transport independence from outside suppliers.
The contract for МТРdevelopment and manufacture has been signed between the Russian-Indian joint venture MTAL, as the customer, the Indian corporation Hindustan Aeronautics Limited (HAL), and the Russian company UAC-Transport Aircraft (TS) as the contractors.
The project is valued at $600 million, half of which is to be invested by the Indian Government through state-owned HAL and the other half by Russia through the state-owned corporation Rosoboronexport and the United Aircraft-Building Corporation (UAC). Representatives of both countries' defence ministries will monitor the aircraft's compliance with the requirements at every stage.
India holds a 50 percent interest in the joint-venture, with the Russian state-owned companies holding 25 percent each. UAC is expecting the imminent arrival of a big group of Indian engineers in Moscow to start joint work on the project. UAC-TS has already prepared all the requisite engineering and technical infrastructure for them to work together with their Russian counterparts.
India, Russia to jointly develop Military Transport Aircraft | Russia & India Report
The contract for МТРdevelopment and manufacture has been signed between the Russian-Indian joint venture MTAL, as the customer, the Indian corporation Hindustan Aeronautics Limited (HAL), and the Russian company UAC-Transport Aircraft (TS) as the contractors.
The project is valued at $600 million, half of which is to be invested by the Indian Government through state-owned HAL and the other half by Russia through the state-owned corporation Rosoboronexport and the United Aircraft-Building Corporation (UAC). Representatives of both countries' defence ministries will monitor the aircraft's compliance with the requirements at every stage.
India holds a 50 percent interest in the joint-venture, with the Russian state-owned companies holding 25 percent each. UAC is expecting the imminent arrival of a big group of Indian engineers in Moscow to start joint work on the project. UAC-TS has already prepared all the requisite engineering and technical infrastructure for them to work together with their Russian counterparts.
India, Russia to jointly develop Military Transport Aircraft | Russia & India Report