New Delhi, Jan 21 (IANS) India has invited Russia to take advantage of the Make in India initiative in defence manufacturing, Defence Minister Manohar Parrikar said here Wednesday.
In a meeting between Russia's Defence Minister Sergei Shoigu and Parrikar, the two countries also decided to hold regular review of ongoing projects.
The meeting came following the meeting between Prime Minister Narendra Modi and Russian President Vladimir Putin here last month.
"We have also invited them to come to India and join ventures in manufacturing here, including spare parts for the various platforms we are using.
"We have a substantial quantum of Russian equipments; so for that requirement of spares can also be generated here," Parriakr told reporters on the sidelines of an event.
The minister said discussions included the Fifth Generation Fighter Aircrafts (FGFA), preliminary design agreement on which was signed in 2010 between Hindustan Aeronautics Limited (HAL) and Russian Sukhoi Design Bureau to build the jet for use by both countries.
"We discussed all issues including FGFA. We have decided to fast track many of the issues. There were some apprehensions in slow speed in execution and the first thing we have decided is to speed things further," the minister said.
Defence ministry officials, meanwhile, said India and Russia have agreed to hold interactions at regular intervals to conform to project deadlines and carry forward the defence cooperation between the two countries.
The two defence ministers resolved to carry forward the understanding reached during the summit meeting in order to further strengthen the special and privileged strategic partnership between the two countries.
"The two sides reviewed the entire gamut of defence cooperation. They expressed confidence that the cooperation would be taken forward and be further strengthened," an official statement said.
The two ministers also discussed possible future areas of cooperation in high technology defence platforms as well as armament for the three services.
Besides signing the agreed protocol, the two leaders also witnessed the signing of an agreement on exchange of Flight Safety Exchange Information.
Whirlpool Kitchen Products Segment to be Rs.100 Crore by 2017
Kolkata, Feb 11 (IANS) Consumer durables company Whirlpool India Ltd. Wednesday said it is expe
ICICI Bank: After RBI, ICICI Bank gave a setback, increased interest rates by 0.50 percent
On Wednesday, the Reserve Bank of India (RBI) gave a big blow to the people of the country facing
The United States has warned China of dire consequences. He has said that if China provided weapo
India Maldives Row. PM Modi visited Lakshadweep a few days ago. The Prime Minister also shared so
After Diwali, there is an increase in corona cases in the country. However, today there has been
Sahara Refund Portal: Is your money also stuck in Sahara? Learn all about the withdrawal process
Union Home Minister and Cooperation Minister Amit Shah launched the CRCS-Sahara Refund Portal in
More Villages seek Toll Free Tags at Gurgaon
Gurgaon, Jan 17 (IANS) Residents of ten more villages Saturday protested at Kherki Daula toll p
Hindi cinema has lost one of its best and most powerful storytellers. Director Partho Ghosh, who
Gautam Gambhir appeared in front of the media for the first time after becoming the head coach of
Weather Update Today. Tuesday morning started with severe cold and fog in many districts of North
