Co-production, joint ventures the way forward, says Russia

Times of Oman - 12/13/2014

Welcoming Prime Minister Narendra Modi's thrust for "Make in India", Russia on Friday said joint ventures and co-production was the way forward in all sectors, including defence, to achieve the target of $30 billion bilateral trade by 2025. Russia also said it was ready to engage with India for the modernisation of all defence equipment, including ships, submarines and aircraft.

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