18-Apr-2017 Source: HeliHub.com
President Vladimir Putin has finally given his approval for an Indo-Russian joint venture for the production of 200 Kamov military helicopters. The deal, signed in 2015 for $1 billion, is between Hindustan Aeronautics Limited (HAL), Russian Helicopters and Rosoboronexport. They have yet to sign the MoU, reports Press Trust of India.