12:00 AM, September 15, 2012
Rosoboronexport and Indian Ministry of Defence agreed to start up a joint venture in India for manufacturing production and post sale servicing of rocket projectiles. "Ordnance Factory Board (OFB) signed an MoU for a joint venture with Russian Rosoboronexport and Splav 'SPA' to manufacture five versions of Smerch rockets based on the transfer of technology from Russia," the Rosoboronexport company said. The Smerch MLRS are hi tech weapon system and will use the 300mm rockets with a range of 70 to 90 km with a variety of warheads. The joint venture provides the transfer of a complete set of rocket projectile production technologies. The two countries have also discussed other areas for possible cooperation including license-production of Russian aerospace technology. Indian-Russian military technical cooperation is based on large-scale projects and top-level geopolitical strategic partnership.
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