Rostec displays military strength at Aero India

|
  • 0

Rostec displays military strength at Aero India

Thursday, 21 February 2019 | Pioneer

Rostec displays military strength at Aero India

At the ongoing Aero India 2019, Rostec State Corporation is showcasing over 200 pieces of advanced civil and military equipment at the military air base Yelahanka in Bangalore.

India is Rostec’s strategic region of presence. Contracts signed last year between Russia and India, stipulate unprecedented volumes of Russian military equipment supplies and the launch of manufacturing operations at Indian enterprises.

Rosoboronexport’s 2018 portfolio of Indian orders has grown to $10 billion. “Russia and India have built up extensive expertise in bilateral industrial cooperation, and now they are delivering joint projects for the ‘Make in India’ programme, with the key focus on the military sector. Russia is a country that has been supporting ‘Make in India’ from the word go. We are bringing to Aero India 2019, more than 200 pieces of equipment for civil and military use. It may well be that some of them will eventually be manufactured in India,” said Victor Kladov, Rostec’s Director for International Cooperation.

Rostec continues work on a major programme to develop and promote civil-use products under its Strategy 2025, looking to enhance operational efficiency, raise the share of civil-use products in its revenues to 50 per cent and penetrate the rapidly growing global markets, including India.