Mahindra Defence, a part of India's Mahindra Group, on Wednesday signed an MoU with Japan's company ShinMaywa Industries Ltd on MRO services and manufacturing of the US-2 amphibian aircraft.
In a statement issued here, Mahindra Defence said both the companies have entered into this partnership with a view to set up maintenance, repairs and overhaul (MRO) services in India and also to undertake manufacturing, assembling of structural parts and components for the US-2.
The MoU was signed on the sidelines of the DefExpo 2018 held near here.
ShinMaywa US-2,manufactured by ShinMaywa Industries, is a veritable force multiplier since it fulfils a multitude of missions in a single platform, the statement said.
"This partnership between two companies familiar with the aviation business is positive especially for MRO and maintenance services in the Indian defence aerospace sector," SP Shukla, Group President, Aerospace & Defence Sector, Mahindra Group and Chairman, Mahindra Defence was quoted as saying in the statement.
--IANS
vj/vd
Disclaimer: No Business Standard Journalist was involved in creation of this content
