Russia and India will create a new 50-50 joint venture (JV) for the production of multirole transport aircraft (MTA) to serve the air forces of both nations.
The Russian Government has allocated funding for its share of the project, while Hindustan Aeronautics Ltd (HAL) will take care of India’s share.
Go deeper with GlobalData
The estimated $600m JV will produce a highly advanced transport aircraft capable of carrying 20t of payload and landing on any type of runway, including in high Himalayan altitudes.
The transport plane will be based on the Ilyushin Il-214 aircraft and will extend India’s BrahMos cruise missile project.
The Indian Air Force has recently shown interest in acquiring 40 MTA aircraft for transporting troops, military hardware and military cargo with option of buying more aircraft, while the Russian Air Force has confirmed plans to acquire 100 planes.
See Also:
HAL and Ilyushin will together design and develop the aircraft.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
