Russia to push for final orders in $1-billion Kamov light copters at Modi-Putin talks next month
MOSCOW: Russia will press India for early placement of final orders for 200 Kamov KA-226 light utility helicopters under a $1 billion joint manufacturing deal, delayed by almost a year, when President Vladimir Putin meets Prime Minister Narendra Modi for bilateral talks at the Eastern Economic Forum in Vladivostok next week.
Modi is the chief guest at Putin’s annual gig of world leaders and captains of industry to promote investments in the natural resource-rich far eastern region of Russia.
“We are hopeful that this meeting between President Putin and Prime Minister Modi will bring a new development in our KA-226 project. A major push will be made definitely. All technical and commercial talks are already finished. All RFPs (request for proposals) done; twice already. But then until now the contract is not signed.
