Good-bye Russia. India's aerospace industry chooses Ukraine

Photo source: antonov.com

UKRAIN, 08 April 2016

Ukraine is doing more than USD 100 million in annual defense business with India, and aims to increase it to USD 500 million in the next three years

The article below is a translation of the opinion piece originally published in Yevropeyska Pravda

A sensational event for both Ukraine and the world happened in India but it was unfortunately by-passed in the headlines of the Ukrainian press. Despite this fact, during the Defexpo India 2016 in Goa the country's ministry of defence along with several companies signed more than a dozen memorandums for the manufacturing of 500 transport planes as well as the supply of gas turbines for Indian warships. This took place in light of the previously frozen joint project with Russia about the development of a transport warplane Multi-role Transport Aircraft (MTA) and the rejection from the Russian side to service the ships... READ MORE