Russian Helicopters to Open Helicopter Assembly Plant in India

UIC Oboronprom, JSC is a multi-profile industrial and investment group established in 2002. It is a part of Rostec. Its main tasks include: helicopter engineering (Russian Helicopters, JSC) and engine-building (United Engine Industry Corporation managing company).

Rostec was established in 2007 to support Russian industry in developing, producing and exporting high-tech industrial products for civil and military use. The Corporation includes 663 companies, currently organised into 12 defence holdings and five holdings for civil industries. The Rostec companies has a presence in 60 of Russia's regions, and exports its products to 70 countries. More than 900 thousand employees work at the Rostec companies - that is 2% of capabale of working population of Russia. In 2011 the Corporation had net income of RUB 45,6 billion, and paid RUB 100 billion into budgets of all levels.