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Indian, Russian Firms Sign 7 MOUs
April 17, 2018
At the DefExpo 2018 that was held this Friday in Chennai, Indian and Russian companies signed 7 different MOUs for the manufacturing of spare parts especially for the availability of defense equipment that India sources from Russia.
Firms like Joint Stock Company and Larsen & Toubro signed the MOUs for the combat vehicles, rockets, a coproduction of territory, and various defense programs for the Indian navy. Similarly, Ananth Technologies signed an MOU with Research and Production Corporation to establish technical and logistic support for Indian Army tanks.
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