US and European aviation companies are likely to face major competition in India as Russia has proposed to set up a production line for India’s civil aviation sector. A Russian delegation headed by Alexander Potapov, Deputy Minister of Industry & Trade of the Russian Federation, put forward this proposal before Indian officials of the Department of Industrial Policy and Promotion in New Delhi.
A statement released by India’s Ministry of Commerce and Industry says, “In the civil Aviation sector, the Russian side declared its readiness to participate in the “Make in India” program in order to develop technological and production capabilities of the Indian side in this field and potential supplies of the jointly produced equipment to third countries.”
Russia wants to introduce Sukhoi Superjet 100 (SSJ100) civilian aircraft in India and has a target set to put out at least 50 SSJ100 in the next three to five years. Sukhoi expects to sign a deal this year with Tata Advanced System to manufacture key airplane parts in India
19/08/16 Sputnik/Russia & India Report
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A statement released by India’s Ministry of Commerce and Industry says, “In the civil Aviation sector, the Russian side declared its readiness to participate in the “Make in India” program in order to develop technological and production capabilities of the Indian side in this field and potential supplies of the jointly produced equipment to third countries.”
Russia wants to introduce Sukhoi Superjet 100 (SSJ100) civilian aircraft in India and has a target set to put out at least 50 SSJ100 in the next three to five years. Sukhoi expects to sign a deal this year with Tata Advanced System to manufacture key airplane parts in India
19/08/16 Sputnik/Russia & India Report
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