|
India to buy
unguided Russian rockets
From Meerza Iqbal Baig
NEW DELHI—Indian Air Force will buy several
thousand unguided rockets from Russia in a
dollar 24 million deal, said media reports
received here.
“The Plastic Factory” enterprise based in the
town of Kopeisk in the Urals (Chelyabinsk
region) has launched production of some 25,400
S-8 and S-5 ‘air to surface’ unguided rockets
for the IAF under an inter-governmental order,
added the reports quoting “Prime-TASS” news
agency.
“The US Dollar 24 million Indian Air Force order
would becompleted in four years and has enabled
the management to pay back wages to the worker
and receive funds for the development of
production,” the reports added quoting a
spokesman for the management as saying.
This is one of the largest orders procured by
the factory in last eight years, which was on
the verge of bankruptcy.
It has the capacity of producing up to 1000
rockets daily, but due to lack of orders from
the Russian air force it was so far surviving on
small export orders, the reports maintained. |