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Friday, August 28, 2015

Russia inks deal with Anil-Ambani led Reliance Group for 197 defence choppers

Ka-226T HoodlumA defence arm of the Anil Ambani-led Reliance Group has been picked for another project by the Russian government - this time for a Rs 6,000-crore ($925 million) potential deal to make 197 helicopters for the Indian Army and the Indian Air Force, informed sources said on Friday.

Touted as among the largest deals under the "Make in India" programme, it calls for making 197 Kamov 226T choppers to retire the Chetak-Cheetah fleet that has been key inventory in frontline operations for over 30 years, notably in difficult terrain like Siachen, the sources added.

"We are committed to actively participating in Prime Minister Modi's 'Make in India' and 'Skill India' program," the spokesperson for Reliance Defence said when asked for the company's comment on the deal, which involves manufacture of these light utility helicopters in the country.

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