NEW DELHI (Sputnik) — According to the source, a memorandum of understanding has already been signed with the Reliance Defence company, and the Russian side is negotiating with Hindustan Aeronautics Limited.
"The project has already been approved by the Indian side. We expect an intergovernmental agreement on Ка-226Т. It is due to be announced in Moscow or later," the source told RIA Novosti.
On December 1, Russian Minister of Trade and Industry Denis Manturov said that New Delhi was ready to co-produce with Russia some 200 Ka-226T helicopters in India.
A preliminary agreement on the production of Ka-226T light multirole helicopters was reached after talks between Modi and Russian President Vladimir Putin in December 2014.
The Ka-226T helicopter is designed for cargo and passenger transportation to hard-to-reach mountainous areas and rescue and patrol operations.
