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India inks 14 MoUs with Russia for defence support, spares
Why is it in news?
- 14 MoUs were signed between Indian and Russian companies for setting up joint ventures covering a range of equipment from modern T-90 tanks to legacy Pechora air defence systems.
More in news
- More about the MoUs
(1) The MoUs were signed during the 5th India Russia military industry conference held during the Defexpo 2020 in Lucknow.
(2) They come under the Intergovernmental Agreement (IGA) on joint manufacturing of spares in India signed last September.
(3)The IGA stresses for mutual cooperation in manufacturing of spares, components, aggregates and other material related to Russian or Soviet-origin arms and defence equipment.
- MoU between Bharat Dynamics and Almaz Antey: One important MoU was signed between the Bharat Dynamics Limited and the Almaz Antey of Russia for exploring the feasibility of a joint venture in India for the production of various sub systems of “air defence missile systems like Tunguska, Kavadrat, the OSA-AKA, Pechora air defence system as well as the Shilka self-propelled air defence gun system.
Source
The Hindu