Mahindra Defence signs MoU with Japan s ShinMaywa Industries

Chennai April 11 (IANS) 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
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