MOSCOW (Sputnik) — The contract is worth around $467 million, the newspaper said.
A Kamov 31 helicopter is parked on the deck of INS Vikramaditya, Indian Navy's aircraft carrier, is seen anchored in the Arabian sea off the coast of Mumbai December 3, 2014
© REUTERS / Shailesh Andrade
The project, alongside other major long-pending contracts, has been cleared by the defense acquisitions council chaired by Indian Defense Minister Manohar Parrikar.
The helicopters will reportedly be assembled in India.
An agreement to assemble 400 Russian Mi-17 and Kamov-226T helicopters annually in India with the possibility of exporting them to third party countries was agreed in principle at a meeting between Russian President Vladimir Putin and Indian Prime Minister Narendra Modi in December, during the Russian leader visit to New Delhi.
