Reliance, Mahindra, Tata Executives To Accompany Indian Prime Minister During Russia Visit

CEO delegations of Indian defense and aerospace firms Tata, Mahindra, Reliance and Sun Group will accompany Prime Minister during his visit to Moscow later this month.

Prime Minister Narendra Modi is visiting Moscow on December 24, Economic Times news daily reported Wednesday.

The companies will be pitching for joint manufacturing of components and parts for civil and military projects under the Make in India program and also forming Joint Ventures with Russian companies.

Russian United Aircraft Co has shown interest in tying up with Indian private sector companies during Modi’s visit.

"We are discussing options for manufacturing aircraft components in India with the largest companies like Tata, Mahindra and Reliance. A business summit is planned during the Indian PMs visit ad we hope to move forward on this then," President of the United Aircraft Co, Yury Slyusar was quoted as saying by the news daily.

The top official, who is in charge of aircraft companies including Sukhoi and MiG, said that specific talks have already taken place with Tata on the manufacturing of rudders and directional control systems for the Sukhoi Super Jet (SSJ) - a regional jet. Talks are already on for specific projects with companies like Tata and Reliance.

Russia is also keen to expand beyond the military field to the civil aerospace sector. "We would like to look at civil cooperation as well. Indian companies can make components for our Sukhoi Super Jet as well as the MC 21 airliner," Dy Minister Andrey Boginskiy of the Russian Ministry of Industry and Trade told ET.