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09:17 AM, May 4, 2016
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Technodinamika Concludes $25 Million India's Russian Aircraft Maintenance Contracts
Indian Air Force Il-78MKI aircraft

After-sales service for Indian Air Force in 2015 exceeded INR 166 Crores (1.6 Billion Rubles)

Russian Technodinamika has concluded after-sales service delivery contracts worth INR 166 crores (US $25 million) with the Indian Air Force (IAF) for the current fiscal year 2016-2017.

Currently, 900 aircraft produced in Russia (and the former Soviet Union) are in use by the IAF. "India is one of the largest after-sales service markets for us. By 2018 we plan to cover 15 % of the demand in India for repairs of assemblies and components for the aircraft produced in Russia," said Maxim Kuzyuk, head of Technodinamika Wednesday.

Going forward, an end-to-end service center set up in Delhi will be used to conduct repairs of Russian equipment used by the IAF. The service centre will be responsible for procuring hardware and ground equipment as well as supply components for Russian made planes and helicopters. The intention is that the process of maintenance will be fully localized in India. Technodinamika is currently in negotiations with its Indian counterparts to create a joint venture in this regards.

In 2015 Technodinamika won bids for delivery of components to the Indian Air Force. The Aviation Service Center of Technodinamika (Rostec State Corporation) received registration by the Indian Air Force in 2015.  The company has since then started delivery of relevant components under the concluded contract.

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