Hindustan Aeronautics set for Russian venture

The stage is set for at least one more Indo-Russian joint venture involving Hindustan Aeronautics Ltd since the Sukhoi deal. Now on the anvil is a 50:50 tie-up among HAL and two Russian companies for the multi-role transport aircraft or MRTA for both their needs, according to the top officials of HAL and Russia’s United Aircraft Corporation.

A team from HAL and the Department of Defence Production will visit Russia shortly to sort out a few minor issues related to third country exports, according to the DoDP Secretary, Mr K.P.Singh. He told a briefing here that a draft DPT (detailed project report) has been prepared on role sharing.

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