The MiG setback has been a humbling experience for Russian defence contractors. Now, the Russian Helicopter company is sweetening the deal by offering local production in the race for three Indian tenders worth $4 bn.
The Russian defence contractors have been trying to rid themselves of the arrogance that cost them major tenders for supplying MiG-35 fighters to India and T-90 tanks to Thailand.
In a move unprecedented in the country’s history, the Russian Helicopters, JSC announced it was ready to establish manufacturing of military equipment in India with the right to re-export to third countries. The helicopter builders are thus trying to gain the upper hand in three tenders for supplying the Indian Air Force with light highlander choppers, cargo carriers, and assault helicopters worth more than $4 billion in total.
“We may do the final assembly in India and enter other markets from the Indian market base,” Andrei Reus, CEO of United Industrial Corporation Oboronprom, said. The Russian Helicopters, JSC, an Oboronprom subsidiary, is responsible for the design and manufacturing of all helicopters in Russia.
India’s market is of strategic importance for Russian Helicopters Andrei Reus added: "This is a strategic market for us and the most dense in terms of the number of tenders in which we compete”, he noted.
24/05/11 Alexei Usov, Noviy Region/Russia & India Report
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