Agreement announced between these three companies in June 2001 for joint design, development and co-production of a multirole military and civil transport, based on Ilyushin Il-214. It will be funded mainly by Irkut which, in September 2002, announced a planned investment of US$350 million. Production lines in both countrries are planned. Under agreement of January 2002, Russian partners will transfer conceptual draft for series production and metallurgical information to HAL; India will create infrastructure, manufacturing programme and commercial production.


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