The Mi-17, which NATO calls the Hip, is a twin-engine aircraft with a maximum speed of 155 miles per hour and a range of 289 miles. In addition to the transport version, it also comes in gunship variants.
Russian Helicopters, a subsidiary of Oboronprom, said the 3,500th aircraft is to be delivered to the Indian military as part of a 2012 contract for more than 70 Mi-17s.
India had earlier ordered and received 80 of the helicopters.
"South and Southeast Asia are a core region for promoting Russian manufacturing," said Alexander Mikheev, chief executive officer off Russian Helicopters. "Our helicopters are well-known there and demand has remained constant.
"More than 250 helicopters built at our facilities are operational in India. They are used for flight training, personnel-carrying, search-and-rescue and medevac missions, and providing assistance in emergencies."
The company said the Mi-17s being delivered to India are equipped with a KNEI-8 avionics suite and a new PKV-8 autopilot, which helps reduce pilot workload. They are also outfitted with enhanced engines for transporting heavy and bulky loads in the high mountain terrain of northern India.