6 May 2016

Rostec subsidiary Technodinamika witnesses strong demand for after sales services of Russian aircraft in India

By IDR News Network
04 May , 2016

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Aims to fully localize maintenance process in India through a joint-venture
After-sales service for Indian Air Force in 2015 exceeded INR 166 Crores (1.6 Billion Rubles)

Basis strong demand for after sales services for Russian origin helicopters and aircraft in India, Technodinamika, a Rostec State Corporation company today announced that it has concluded after-sales service delivery contracts to the tune of INR 166 crores (1.6 billion Rubles) with the Indian Air Force (IAF) for the period 2016-2017. This was basis the scope of contracts signed with the IAF in 2015.

Currently, 900 aircraft produced in Russia (and the former Soviet Union) are in use by the IAF. “India is one of the largest after-sales service markets for us. By 2018 we plan to cover 15 % of the demand in India for repairs of assemblies and components for the aircraft produced in Russia,” said Maxim Kuzyuk, head of Technodinamika.

Going forward, an end-to-end service center set up in Delhi will be used to conduct repairs of Russian equipment used by the IAF. The service centre will be responsible for procuring hardware and ground equipment as well as supply components for Russian made planes and helicopters. The intention is that the process of maintenance will be fully localized in India. Technodinamika is currently in negotiations with its Indian counterparts to create a joint venture in this regards.

In 2015 Technodinamika won bids for delivery of components to the Indian Air Force. The Aviation Service Center of Technodinamika (Rostec State Corporation) received registration by the Indian Air Force in 2015. The company has since then started delivery of relevant components under the concluded contract.
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