NEW DELHI, August 7. /TASS/. Russia’s Industry and Trade Ministry expects to secure a firm contract with India for the supply of Il-114-300 and SJ-100 aircraft within a year, Deputy Industry and Trade Minister Alexey Gruzdev told TASS following the BRICS ministerial meeting in Jaipur.
"We have set a goal to finalize a firm contract with India for the delivery of Il-114-300 and SJ-100 aircraft within the next year," Gruzdev said.
According to the deputy minister, New Delhi is also showing interest in the potential localization of aircraft assembly.
"During our discussions on the matter, our Indian colleagues noted that they possess large-scale manufacturing facilities and would like to establish local production if the project advances. We are not ruling anything out, but first, we need to define the exact scope and volume of production. This will be the focus of the next stage of negotiations," Gruzdev added.
He stressed that securing initial agreements remains the top priority.
