Reliance Defence announced Thursday that it has entered into joint venture with Ukraine's Antonov for making smaller aircraft, which can be used by military and civilian customers.
"Reliance Defence Ltd along with Ukraine based State Corporation Antonov have agreed to cooperate on dual version transport aircraft for Military, Para military and Commercial use in India," the Anil Ambani-led group said in a statement.
An agreement was reached in Goa, on the sidelines of the Defence Expo, between the Chairman of the Group, Anil Ambani, and Deputy Secretary of the National Security and Defence Council of Ukraine and the Chairman of the Inter-Agency Committee of Ukraine for Military Technical Cooperation and Export Control Policy, Oleg Gladkovskyi, a press statement issued by Reliance Defence said.
This is second major tie-up announced by Reliance Defence at the expo. On Tuesday, the company had announced a joint venture with an Israeli company Rafael for making missiles.
Both the companies will jointly address various requirements including 50-80 seater passenger aircraft, which can be used for transport, maritime patrol and other civilian applications. The agreement would provide the benefits of quality and low-cost solution, the statement said. The fixed wing military aircraft would be powered by two turbofan high fuel-efficiency jet engines. They would be capable of operating on short-field runways on remote airfields.
In the Indian civil aviation market, this medium category aircraft could be used for providing connectivity with around 350 unused airstrips currently available across the country.
The joint venture will design and manufacture the aircraft in the country with the transfer of technologies from Antonov. The manufacturing facility would be located at Reliance Aerospace Park at Mihan, Nagpur, the statement added.
Indian Reliance and Israeli Rafael have agreed to set up a joint venture company in India to manufacture air-to-air missiles, aerostats and air defense systems. The strategic partnership with Rafael Advance Defence Systems of Israel, will mark the entry of Reliance Defence in the complex field of air-to-air and air defence systems manufacturing in India, the company said in a press statement
Indias Reliance Infrastructure company will soon sign a contract to build fast patrol vessels for the Indian Coast Guard, its chairman, Anil Ambani disclosed at the companys annual general meeting in Mumbai on Tuesday. "The company's focus areas would be defence and metro systems," Ambani said
Antonov has emerged as a clear winner to partner Indian state-run Hindustan Aeronautics (HAL) to manufacture medium military transport aircraft. HAL had received five proposals on its proposal to select a partner to manufacture a 50-80 seater aircraft in India
Ukroboronproms subsidiary SpetsTehnoEksport and Indian Reliance Defence have signed a memorandum on joint participation in BMP-2 modernization for the Indian Army. Cooperation primarily relates to the manufacture and supply of components and systems for improving BMP mobility, modernization of sighting and fire control systems
Indias Reliance Defense as received 16 new industrial licences for the manufacture of defense equipment that include armored vehicles, electronic warfare systems, missiles and unmanned aerial vehicles. The equipment will be manufactured at Pithampur SEZ in Madhya Pradesh and MIHAN SEZ near Nagpur
Reliance Defence signed a strategic partnership agreement with Ukraines state-owned firm Ukroboronprom to collaborate on a range of military products including transport aircraft, upgrade of armoured vehicles, maritime gas turbines and unmanned aerial vehicles. The agreement was signed during a meeting between Reliance Group Chairman Anil Ambani and Ukranian President Petro Poroshenko in Ukraine last week, PTI reported
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