Russia may sign contract on supplies of 48 Mi-17B5 helicopters to India this year

BANGALORE, February 14. /TASS/. The portfolio of India’s defense orders from Russia exceeded $4 bln by the end of last year, Sergei Goreslavsky, a deputy director general of Russia’s biggest arms trader Rosoboronexport and head of the company’s delegation at the Aero India exhibition in India’s Bangalore, said Tuesday.

According to Goreslavsky, the military-technical cooperation between Russia and India is at a high level now.

"By the end of last year the orders portfolio only exceeded $4 bln," he said, adding that the company "plans to boost cooperation this year."