More than four years after India and Russia signed an inter-governmental pact allowing Russia to supply 200 Kamov Ka-226T helicopters, the price negotiations have been concluded. A formal contract may be signed in the next few months.
The price for the 200 copters would be around $4 billion (Rs 28,000 crore approximately), sources said. This would also include transfer of 50% technology, including structure of the copter, its blades and landing gear, all important for metallurgy and transfer of technology. Read More…