Moscow: India-based Space Era Materials and Processes and Russias KRET, a part of Russian state corporation Rostec, have signed an agreement to set up a service centre for military aviation in Hyderabad.
A Rostec release said on Wednesday that the agreement was signed during the 'Army-2018' forum in Moscow last month, adding that the service facility is already under construction.
"The Radio-Electronic Technologies Concern (KRET) and Space Era Materials and Processes have concluded an agreement on the participation of the Russian firm in establishing the service centre in India," the release said.
Under the agreement, KRET and the Hyderabad-based company will develop a joint work plan for the next five years and build necessary logistics and exchange of specialists and information to create the necessary material base for the project.
According to KRET's Deputy General Director Vladimir Zverev, the service centre will enable maintenance and repair of on-board electronics and radar equipment on Russia-made aircraft.
05/08/18 Outlook
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A Rostec release said on Wednesday that the agreement was signed during the 'Army-2018' forum in Moscow last month, adding that the service facility is already under construction.
"The Radio-Electronic Technologies Concern (KRET) and Space Era Materials and Processes have concluded an agreement on the participation of the Russian firm in establishing the service centre in India," the release said.
Under the agreement, KRET and the Hyderabad-based company will develop a joint work plan for the next five years and build necessary logistics and exchange of specialists and information to create the necessary material base for the project.
According to KRET's Deputy General Director Vladimir Zverev, the service centre will enable maintenance and repair of on-board electronics and radar equipment on Russia-made aircraft.
05/08/18 Outlook
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