Business news from Ukraine


Ukraine and India are working out plans to expand military and technical cooperation in the field of military shipbuilding and are considering the possibility of organizing joint production of power equipment for ships of the Indian Navy, the press service of the Ukroboronprom State Concern has reported. According to the report, the promising directions of the expansion of Ukrainian-Indian military and technical cooperation in the field of military shipbuilding were discussed during negotiations between Ukroboronprom Head Pavlo Bukin and Chief of the Naval Staff of the Indian Navy, Admiral Sunil Lanba, as part of the tenth international defense exhibition Def Expo 2018, which is taking place in the city of Chennai (India) on April 11-14.
“The sides discussed the further participation of the Ukrainian defense industry’s enterprises in the modernization and development of the Indian Navy. In particular, they spoke about continuing supplies and establishing joint production of gas turbine engines, and the servicing by Ukrainian specialists of the Vikramaditya aircraft carrier, which was built by the shipbuilders of the Mykolaiv shipyard,” the report says.
It notes that during the talks Bukin also voiced the interest of the Ukrainian side in the joint production of ship and coastal radar systems, sea buoys, as well as the supply of spare parts for Indian ships and submarines.
“The commander of the Indian Navy expressed support and interest in cooperation with Ukrainian enterprises on a number of existing projects,” the press service said.

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