The move is in keeping with the group's target of achieving Rs 2,200 crore revenues from the defence sector by 2007-2008.
Russia made the commitment during the meeting between defence minister Rajnath Singh and his Russian counterpart Gen Sergey Shoigu in Moscow, sources said.
The delivery of the Tejas Light Combat Aircraft (LCA) to the Indian Air Force under a Rs 48,000-crore deal will begin from March 2024 and around 16 aircraft will be rolled out annually till the completion of the total supply of 83 jets, Chairman and Managing Director of Hindustan Aeronautics Limited R Madhavan said on Sunday.
Singh, who arrived in Moscow on Wednesday on a three-day visit to attend a crucial meeting of the Shanghai Cooperation Organisation (SCO), pressed for expediting supply of a number of weapons systems, ammunition and spares to India by Russia under contracts which were concluded earlier.
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