28 April 2016

The value of Technodinamika’s after-sales service contracts signed with the Indian Air Force has exceeded 1.6 billion rubles. The deliveries will be carried out 2016-2017.

In 2015, the Technodinamika Holding Company, part of the Rostec State Corporation, won tenders to supply the Indian Air Force with components worth 1.6 billion rubles in 2016-2017.  The holding has already begun to supply components under the concluded contracts.

Today, approximately 900 Russian- and Soviet-built aircraft are in service with the Indian Air Force. “This is one of the largest ASS markets,” says Technodinamika CEO Maxim Kuzyuk. “By 2018, we are planning to meet 15% of India's requirements for repair of Russian-made aircraft’s units and components.”

A full-fledged aircraft service center in India will deal with repair of Russian equipment operational with the Indian Air Force, deliver aircraft and ground equipment, supply aircraft and helicopters with components. Aircraft repair activities in India will be fully localized and talks are underway with the Indian side to set up a joint venture.

Recall that Technodinamika’s Aircraft Service Center was registered with the Indian Air Force in 2015. This enabled the holding company to participate in IAF’s tenders for components supply.