India approved contract to purchase 48 Russian Mi-17-B5

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Council of the Indian defense procurement approved contract for the procurement of 48 Russian Mi-17-B5 to $ 1.1 billion for the Air Force. This was reported on September 2 by the newspaper “Economic Times”.
“The contract for the supply of 48 Russian helicopters Mi-17-V5 costs 70 billion rupees ($ 1.1 billion) and is the largest of the whole package of proposals for the acquisition of military equipment and arms, which was considered and approved on the eve of the regular meeting of the Council for Defence Procurement.” a source in the defense Ministry told the publication.

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