Indian, Russian companies sign seven MoUs at DefExpo in Chennai

Indian and Russian companies on Friday signed seven MoUs, including one on developing underwater platforms for Indian Navy, at the ongoing DefExpo in Chennai.

The DefExpo was inaugurated by Prime Minister Narendra Modi on Thursday.

Larsen and Toubro and Moscow-based Rosoboronexport signed an MoU for developing underwater platforms for Indian Navy, while Ananth Technologies and JSC Concern Radio-Electronic Technologies (KRET) signed pact for product support to develop defence systems and to manufacture spare parts and providing service and maintenance for such items, according to a release.

Ananth Technologies signed another MoU with Research and Production Corporation Uralvagonzavod to set up technical and logistic support for T90S and T72 Tanks to the Indian Army, the release said.

Space Era and Concern Radio-Electronic Technologies formed a strategic partnership for technical and logistics support to ensure maximum operational availability of SU-30 MKI and Helicopters of MI 8, MI 17 and MI 35 Type helicopters.

Russian firm OSKROSOMARINE and JSC AGAT signed a MoU for development of Fregat radar on-board Indian Naval frontline warships.

"The MoU would also setup the motion for setting up joint partnership for modernisation of Fregat radar and provide in-country support," it said.

Krasney Defence Technologies, Aviatech Enterprise also signed a pact with JSC Concern AGAT separately, for cooperation in after sales support of equipment manufactured and installed onboard Naval ships, the release added.

(With inputs from agencies)