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Russian Helicopters looks to ink new contract with India

Russian   Helicopters  is  looking  to sign a  new   contract   with   India , through Russia’s official arms exporter Rosoboronexport, to supply 48  Russian  Mi-17 V5 transport  helicopters  this year.
Speaking to  Russian  news agency Tass at the recently concluded Singapore Air Show,  Russian   Helicopters ’ Deputy CEO Alexander Shcherbinin said the company plans to reach agreements  with   India  on the supply of a  new  batch of rotorcraft in 2016. He said the company had supplied three  helicopters  to  India  in 2015, under an earlier  contract .
Designed to transport cargo inside the cabin and on an external sling, the Mi-17 V5 is termed the most advanced  helicopter . Earlier this month, the Indian Air Force (IAF) received the last batch of 151 Mi-17 V5  helicopters , marking the end of a procurement programme launched in 2008.
The  contract  was with Rosoboronexport, a company of Rostec State Corporation. “Rosoboronexport had signed a  contract  in 2008 for the delivery of 80 Mi-17 V5 to  India . This was completed in 2012-2013. The same year, three additional  contracts  were signed for the supply of a total of 71 Mi-17 V5, making it 151 choppers in all. The last one was delivered to the IAF on February 2,” said sources. Sources indicated that  India’s  Defence Ministry has already approved the purchase of 48 additional  helicopters  in September 2015.
“The deal is worth an estimated $1.1 billion. The procurement decision was taken during a Defence Acquisition Council meeting last September for the supply of 48 choppers to be used by the air force,” sources said.
This Republic Day, an IAF tableau, themed ‘Humanitarian Assistance and Disaster Relief Operations by IAF’ had showcased models of the MI-17V5 aircraft, including the C-17 Globemaster and C-130 Hercules, among others, emphasising its use in the IAF’s rescue and relief operations in Uttarakhand, Jammu and Kashmir, Yemen and Nepal.
 Russian   Helicopters  has been trying to gain market share in the Asia-Pacific region by boosting after-sales and support services with local partners, said sources, adding the company has increased industrial collaboration with partners in  India , China, Myanmar, Sri Lanka, Thailand and Bangladesh.

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