Andrey Boginskiy to Discuss Cooperation with India's Defense Minister

Oct. 30, 2017
They will discuss the Ka-226T helicopter project to assemble this helicopter in India. Specifically, they will negotiate when to sign a contract and what production facility to use for a JV manufacturing Ka-226T helicopters.

Making his business trip to India, “Russian helicopters” (a Rostec subsidiary) CEO Andrey Boginskiy is going to meet India's defense minister Nirmala Sitharaman. They will discuss the Ka-226T helicopter project to assemble this helicopter in India.

Specifically, they will negotiate when to sign a contract and what production facility to use for a JV manufacturing Ka-226T helicopters.

Besides, Andrey Boginskiy will discuss with Mrs. Sitharaman possibilities to increase import of helicopters to India and how to arrange aftersales maintenance for helicopters manufactured in Russia and supply of spare parts and components.

"Meetings at that high level are very important for our company, as they allow to establish direct relationship with our key partners, and India is undoubtedly is one of them. Our joint Ka-226T project is implemented in line with the schedule, however, it is much to be done and we are at the very beginning. We also have a huge potential for developing aftersales maintenance and we will certainly discuss this matter with Madam Minister," noted “Russian helicopters” CEO Andrey Boginskiy.

A cooperation agreement in the field of helicopter production between India and Russia was signed in 2015. According to it, “Russian helicopters” jointly with Rosoboronexport arrange supply and local production of Russian Ka-226T helicopter and its versions in the amount of 200 units, of which at least 140 units must be manufactured by a joint venture located in India.

This joint venture established in June of 2017 will carry out assembly and repair operations and also be an integrator for Indian suppliers.

Ka-226T with its coaxial propellers has a substantial power reserve and high climb capability that increase the helicopter's hover ceiling. Aerodynamic symmetry and absence of cross-linkages in control channels make it easy to pilot the helicopter that is especially important for low-altitude flights. Such rotorcraft is more maneuverable at any speed. Ka-226T helicopter is very good for mountainous areas and at high air temperature.

Its high performance characteristics and survivability are ensured by two powerful engines. In case of failure of one engine, the helicopter can keep on flying with the other. Ka-226T helicopter has good features designed by the Kamov design bureau: it has low level of vibrations, it's modular, easy to operate, highly reliable and safe.

Russian Helicopters, (part of State Corporation Rostec), is one of the global leaders in helicopter production and the only helicopter design and production powerhouse in Russia. Russian Helicopters was founded in 2007 and is headquartered in Moscow. The company comprises five helicopter production facilities, two design bureaus, a spare parts production and repair facility, as well as an aftersale service branch responsible for maintenance and repair in Russia and all over the world. Its helicopters are popular among Russian ministries and state authorities (Ministry of Defence, Ministry of Internal Affairs, Emergency Control Ministry), operators (Gazpromavia, UTair), major Russian corporations. In 2014 its IFRS revenues increased 22,8% to RUB 169,8 billion. Deliveries reached 271 helicopters.

State Corporation Rostec is a Russian corporation founded in 2007 for the purpose of promoting the development, production and export of hi-tech civilian and military industry products. It comprises 700 organisations, nine of which have now been formed as holding companies of the military-industrial complex, five of them are involved in civil industries and 22 are directly controlled. Rostec’s portfolio includes recognised brands such as Avtovaz, Kamaz, Russian Helicopters, and VSMPO-AVISMA. Rostec’s organisations are located in 60 constituent entities of the Russian Federation and supply their products to the markets of more than 70 countries. The revenue of Rostec in 2014 amounted to RUB 964.5 billion. The tax deductions into the treasuries at all levels exceeded RUB 147.8 billion.