India, Vietnam express 'commitment for comprehensive development of the Strategic Partnership' | Two countries agree for early implementation of US$ 100 million Credit Agreement for defence procurement for Viet Nam | Saab and Brazil sign contract for 36 Gripen NG aircraft | Swedish Kroner 39.3 billion (USD 5.43 billion) contract covers industrial cooperation and ToT | Government clears acquisition of 6 new AIP-equipped submarines | Navy's proposal for boats with Air Independent Propulsion has been pending since 2007 | Boats to be Made in India with foreign collaboration in both public and private sectors | Prime Minister Modi visits troops in Siachen, saying the country is with the armed forces | NASA seeks ultralight materials for future Space missions | ITBP marks 53rd Raising Day Oct 24 | Home Minister Rajnath Singh promises infrastructure development on the borders | Government enhances ITBP DG's financial powers | India supports global convergence to fight terrorism | Police Commemoration Day October 21 | India test fires indigenous n-capable subsonic cruise missile | IndiGo signs MoU for 250 A320neo aircraft | India's nuclear submarine Arihant and other critical assets are safe | DRDO says adequate precautions secured the n-assets and missile sites from Hudhud cyclone | An IAF Su-30 aircraft crashes during a training sortie on October 14 | Both pilots eject to safety | US physicist Dr Philip Snyder wins IAEA Nuclear Fusion Prize for 2014 | He is part of an international effort to harness the power of sun for unlimited energy | Indian Air Force marks 82nd Anniversary October 8 | India and US extend their Defence Cooperation agreement by another 10 years | “US defence companies are welcome to participate in India,” says Modi | India, China border standoff ends | Modi says if US withdraws from Afghanistan suddenly, it go the Iraq way | Boeing wants to accelerate enagement with India, says Chairman Jim McNerney | He had a one-to-one meeting with Prime Minister Modi in New York Sep 29 | Modi met corporate leaders from top US companies including GE, Google, Citigroup, Pepsico, IBM, Goldman Sachs | Prime Minister Modi urges world community to fight terrorism collectively | Addressing UN General Assembly, he observed hardly any country is untouched by this curse | Modi visits 9/11 Memorial in New York |
 
 
  India, Russia finalize transport aircraft project  
 
 
By Gulshan Luthra Published: September 2010
 
 
 
 
 
 

New Delhi. India and Russia have finalized arrangements to jointly develop the Multirole Transport Aircraft (MTA) with each side pooling in US $300.35 million.

 

The Cabinet Committee on Security (CCS), the country’s highest authority on security policies headed by the Prime Minister, sanctioned the Indian contribution last month while sources in Moscow told India Strategic that the Russian government had already done the needful.

Russia’s United Aircraft Corporation (UAC) and India's Hindustan Aeronautics Ltd (HAL) will now set up a subsidiary company to develop the aircraft. The formal Charter documents between the two countries were finalized Sep 9th during discussions with a visiting delegation from Moscow.

The new company, with $600.70 million in its kitty, will begin work on developing the MTA immediately.

HAL Chairman and Managing Director (CMD) Ashok Nayak told India Strategic that India would acquire 45 aircraft and Russia 105. There would be scope though for exporting this aircraft, both for civil and military use, and more MTAs could be manufactured.

Russia has maintained its traditional Soviet days' lead in supplying military aircraft to India.

Over the last one and a half decades, it has won orders to supply nearly $20 billion worth of aircraft, systems and support elements including maintenance and upgrades. It has won orders for 272 SU30 MKI combat jets, 139 Mi17 V5 helicopters, five AWACs aircraft, six midair refuellers, 45 Mig 29Ks, and upgrades for SU 30MKI as well as old Mig21bis and Mig29 aircraft.

For MTA, the two countries had signed the Inter-governmental Agreement in November 2007 after Indian Defence Minister A K Antony visited Moscow.

The MTA would be designed to carry between 15 to 20 tonnes of cargo or between 80 to 100 troops/ passengers.

.

 
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