Reliance Defence has collaborated with three Ukrainian firms to manufacture a range of military and commercial transport aircraft.
The partner companies include Ukraine state-owned Ukroboronprom, Spetstechno Export and Antonov.
Reliance and Antonov will bid for the Medium Military Transport Aircraft programme of the Hindustan Aeronautics Limited (HAL).
The Reliance-Antonov partnership will take responsibility for the assembly, manufacture and maintenance, repair and overhaul (MRO) of aircraft.
Under the deal with Spetstechno Export, the BMP 2 armoured vehicle will be modernised for the Indian Army.
Other armoured vehicles, unmanned aerial vehicles (UAV) and marine gas turbines will also be upgraded for the Indian Navy Frigate programme.
HAL expects up to 300 aircraft will be manufactured.
The development could mark the largest collaborative effort involving the public sector, private sector and a global original equipment manufacturer (OEM) under the Make in India and Skill India initiatives.
Reliance Defence recently obtained 15 industrial licences to produce technology, including heavy weapons, armoured vehicles, ammunition, electronic warfare systems, UAVs and directed energy weapon systems.
Image: Reliance Defence has collaborated with three Ukrainian firms on a range of military and commercial transport aircraft. Photo: courtesy of Spetstechno Export.