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Indian MoD has invited expressions of interest for 111 helicopters to be made in the country in collaboration with foreign partners, the defence ministry said, in a deal estimated at nearly ($3 billion.

Lockheed Martin, Airbus Helicopters and Bell Helicopters are among those expected to participate in the bidding, the ministry statement said.

Under the rules of defence purchases, once manufacturers have submitted expressions of interest, the defence ministry will issue requests for proposals likely to be in the third quarter of 2019.

That will be followed by a tender inviting final bids from the manufacturers in a process that is expected to take years.