India-Russia Military Industrial Conference 2017
New Delhi, 17 March 2017
Minister
of Defence, Finance and Corporate Affairs Arun Jaitley while inaugurating the
India-Russia Military Industrial Conference here today said relations with
Russia are a key pillar of India’s foreign policy and Russia has been India’s
long standing time-tested strategic partner since the last 70 years.
The
Minister stated that since the signing of the India-Russia Strategic
Partnership in 2000, ties between the two sides have acquired new heights with
enhanced level of cooperation in almost all areas including defence.
Jaitley
further added that India-Russia Military Technical Cooperation has graduated
from a simple buyer-seller relation to one involving joint research,
development and production of advanced defence systems.
The
Brahmos Missile System as well as the licensed production of SU-30 in India are
examples of such flagship cooperation, he emphasised.
He
called upon Russian companies to come forward for technology transfer to Indian
companies and facilitate manufacturing of components/ parts and sub-systems at
least for those cases where the requirement is in large numbers and is
recurring in nature.
The
Minister was of the opinion that there is tremendous potential for
collaboration between Indian and Russian companies for export, so as to become
part of the global supply chain.
Major
Russian companies include United Aircraft Corporation, United Engine
Corporation, RAC MiG, Russian Helicopters and Ural Vagonzavod. From the Indian
side over 100 private companies including several SMEs are participating.
Organised
by the Department of Defence Production in the Ministry of Defence, the
conference primarily aims at addressing issues related to life-cycle support
and maintenance of major Russian-origin equipments/ platforms such as SU-30 MKI
aircraft, Mi-17 Helicopters, MiG-29K aircraft, INS Vikramaditya and T-90 tanks.
The
conference also assumes greater significance in the backdrop of the ‘Make in
India’ initiative of the Prime Minister, Narendra Modi. Apart from
deliberations on various policy issues, break-out sessions on Aerospace, Naval
Systems and Land Systems are also planned.
A
beginning was made at the Conference by signing of two agreements between
Hindustan Aeronautics Limited (HAL) and United Aircraft Corporation and United
Engine Corporation of Russia, for general terms and conditions governing long
term supply of spares and rendering technical assistance over five years for
the Su -30 MKI aircraft.
India-Russia to sign agreement for Long term support to Su-30MKAI fleet between HAL & PJSC UAC #IndiaRussiaMilitary, #Sukhoi, #Su30mki, #HAL— NationalDefence (@NDIndiaFirst) March 17, 2017
India-Russia to sign agreement for Long Term Support to #Su-30MKI fleet between HAL and #JSC UEC. #IndiaRussiaMilitary, #Su30MKI, #Sukhoi— NationalDefence (@NDIndiaFirst) March 17, 2017
#IndiaRussiaMilitary Industrial Conference 17-18 March 2017. #ArunJaitley, @arunjaitley, #DenisManturov,... https://t.co/hc10IcaAGR
— NationalDefence (@NDIndiaFirst) March 17, 2017
#IndiaRussiaMilitaryIndustrialConference : #ArunJaitley: Relations with Russia a key pillar. Russia has been time tested strategic partner.— NationalDefence (@NDIndiaFirst) March 17, 2017
#ArunJaitley: #India is not happy with the lebel of being largest Defence importer. #IndiaRussiaMilitary— NationalDefence (@NDIndiaFirst) March 17, 2017
#Raksha Mantri #ArunJaitley: Many #Russia defence products made in India has large Russian component. Encourage more Indian components.— NationalDefence (@NDIndiaFirst) March 17, 2017
#RM #ArunJaitley: We hope India will be part of Defence export regime. Russian companies can join hands in #R&D. #IndiaRussiaMilitary— NationalDefence (@NDIndiaFirst) March 17, 2017
#RM @arunjaitley: Russian companies can be natural partner of Indian companies as most of our supply line is of Russian origin. #IndiaRussia— NationalDefence (@NDIndiaFirst) March 17, 2017
#DenisManturov: #Russia has become a reliable partner and only country which is sharing it's technology. #IndiaRussiaMilitary @arunjaitley— NationalDefence (@NDIndiaFirst) March 17, 2017
#DenisManturov: We can work out strategic partnership concept & companies of both side must take part. Can also start service contracts.— NationalDefence (@NDIndiaFirst) March 17, 2017
#DenisManturov: We can work out strategic partnership concept & companies of both side must take part. Can also start service contracts.— NationalDefence (@NDIndiaFirst) March 17, 2017
Subscribe: www.youtube.com/nationaldefence#DenisManturov: We are ready to supply all kinds of equipment. #RussianDefence industry can also provide production for civilian use.— NationalDefence (@NDIndiaFirst) March 17, 2017
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India-Russia Military Industrial Conference 2017
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