Russia and India finalized Ka-226T configuration
Chennai / 11 April 2018
The Indian side approved the technical configuration of the light utility Ka-226T helicopter developed by Russian Helicopters Holding Company to be assembled by Joint Venture Indo-Russian Helicopters Limited in India.
The project on the delivery of 200 Ka-226T units and establishment of Ka-226T serial production in India is being implemented under the intergovernmental agreement signed in 2016.
In May 2017, the joint venture was registered in in India to perform the helicopter assembly with the subsequent localization of production. As of date, the Indian Ministry of Defense approved the payment of JV charter capital. Moreover, the MoD identified the production site, the JV shall be situated in the vicinity of Tumkur, near Bangalore.
“Approval of helicopter configuration to be delivered and assembled in India means that the technical aspects of the project have been finalized. We and our Indian partners shall commence the preparation of contractual documents in the near future”, said Andrey Boginskiy, Director General of Russian Helicopters Holding Company.
Light utility Ka-226T helicopter features coaxial main rotor system, maximum take-off weight of 3.6 tons and is capable of transporting up to 1 ton of payload. It can be equipped with a transport cabin, which allows transporting up to 6 people, or modules fitted with special equipment. Improved flight performance of Ka-226T helicopter, environmental friendliness, cost effectiveness, state-of-the-art avionics suite and additional flight safety solutions make this helicopter one of the best in its class.
JSC Russian Helicopters (part of Rostec State Corporation) is one of the world leaders in helicopter industry, the only developer and manufacturer of helicopters in Russia. The holding company was established in 2007. The head office is located in Moscow. The holding company is comprised of five helicopter plants, two design bureaus, enterprises for production and maintenance of components, aircraft repair plants and a service company providing after-sales support in Russia and abroad. Among the buyers of the holding company’s products are the Defense Ministry of Russia, the Ministry of Internal Affairs of Russia, EMERCOM of Russia, and other state customers, Gazprom Avia and UTair airlines, as well as major Russian and foreign companies. In 2016, the revenue of Russian Helicopters under IFRS amounted to RUB 214.3 billion, its shipments totaled to 189 helicopters.
Rostec Corporation is a Russian corporation that was established in 2007 to facilitate the development, production and export of high-tech industrial products designed for civilian and military applications. The Corporation comprises over 700 organizations that are currently part of eleven holding companies operating in the military-industrial complex and three holding companies working in civilian industry, as well as 80 directly managed organizations. Rostec’s portfolio includes well-known brands such as AVTOVAZ, KAMAZ, Concern Kalashnikov, Russian Helicopters, VSMPO AVISMA, UralVagonZavod, etc. Rostec companies are located in 60 constituent entities of the Russian Federation and supply products to the markets of more than 70 countries. In 2016 the consolidated revenue of Rostec reached 1 trillion 266 billion rubles, while the consolidated net income and EBITDA amounted to 88 and 268 billion rubles respectively. The average salary in the Corporation in 2016 was 44,000 rubles. According to Rostec’s strategy, the main objective of the Corporation is to ensure that Russia has a technological advantage in highly competitive global markets. Rostec’s key objectives include the introduction of a new techno-economic paradigm and digitalization of Russian economy.
