India's Defense Acquisition Council (DAC) has approved the purchase of 48 Mi-17 V5 helicopters worth INR 7000 crore (US $1.1 billion).
The DAC, chaired by Defense Minister Manohar Parrikar today approved the chopper procurement.
Other procurement cleared today was nine tugs for the Indian Navy worth INR 3000 crore (US$451 million) and 7 batteries of the locally made surface to air Akash missile system.
From 2012-2015, under an existing contract, Russia supplied India with 148 Mi-17V5 helicopters out of a total of 151 due to be delivered by the end of the year.
By the end of 2015 Russian Helicopters will deliver another three military transport Mi-17V5 helicopters to India to complete the contract.
Indias Mi-17 helicopters will be flown to Russia for a major overhaul, which were grounded four years ago for running on outdated parts. Built by Kazan Helicopters, Mi-17 1V choppers are used primarily for disaster rescue operations and transportation of troops to remote areas
The Indian Air Force (IAF) is keen on the US offer of Textrons AirLand Scorpion light-attack and intelligence, surveillance, and reconnaissance (ISR) aircraft. IAF recently asked HAL to stop work on the intermediate jet trainers (IJT) due to delays since its start in 1997
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