Russia’s Sukhoi optimistic about Tata for India joint venture

Russia's top aircraft manufacturer Sukhoi is exploring the possibility of investing in an Indian joint venture (JV) for the maintenance and spares production of its combat aircraft Su 30 in what could make India a hub for the fighter fleets operating in the region. Atop Sukhoi executive told ETthat the liberalised foreign direct investment (FDI) norms have opened the possibility of a JV and the Russian manufacturer is in talks with Indian private sector companies.

See the full article at The Economic Times