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July 13, 2011

Indo-Russia JV to service Talwar frigates

(The Financial Express) : Rosoboronservice India Ltd (ROS(I)) has made a proposal to the Indian Navy to render the guarantee period after-sales service to the three new Talwar class stealth frigates currently under construction at the Yantar shipyard at Kaliningrad in Russia. An agreement towards this is slated to be signed during Navy chief Admiral Nirmal Verma’s visit to that country this week. “A high-level delegation was in New Delhi to prepare the final agreement and logistics arrangements to ensure that this task can be accomplished effectively and efficiently,” sources told FE.
ROS(I) is a JV formed through a strategic alliance between eight world renowned original equipment manufacturers (OEMs) of defence equipment from Russia and Krasny Marine Services Pvt Ltd as the sole Indian partner. It was created by a Russian presidential decree to render after-sales service to all Russian origin assets of the Indian Navy in 2005.

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