MOSCOW, Feb. 4 (UPI) -- Russia's Rosoboronexport plans to explore joint development and production deals in India for weaponry and military equipment.
Talks with potential India partners will take place later this week in New Delhi at the Land, Naval & Internal Homeland Security Systems Exhibition, or DEFEXPO, it said in a news release.
"This is India's biggest arms exhibition and therefore Russia will be presented here on a large scale," said First Deputy General Director of Rosoboronexport Ivan Goncharenko. "Clearly, we're planning to promote a large number of army and naval equipment, air defense systems and aircraft models at DEFEXPO India.
"Moreover, in almost all cases the upcoming talks are directly related to setting up joint ventures, establishing licensed production, and transfer of technology -- precisely such cooperation is the mainstream of our bilateral relations."
Rosoboronexport is a subsidiary of the Rostec Corp. It is the sole state-owned arms trade company in the Russian Federation authorized to export the full range of military and dual-purpose products, technologies and services.
Talks with its current Indian partners will include the upgrading previously delivered equipment -- including the BMP-2 infantry fighting vehicles, T-72 and the T-90S tanks – and progress on its offer to supply India with self-propelled artillery systems.