Japan to set up plant for US-2 amphibious aircraft in India
Japan’s ShinMaywa Industries is planning to set up manufacturing plant of US-2 amphibious aircraft in India under ‘Make in India’ initiative to cater to international demands.
The move comes as Indian Navy plans to procure 6 such aircrafts between 2017 and 2022 by signing a government to government deal i.e. initial purchase being off the shelf.
Key facts
- The government to government defence deal for purchasing of US-2 amphibious aircraft will be having a 30 per cent offset clause.
- Under this clause, ShinMaywa will set up a manufacturing plant in India to cater to the global market since the demand for the aircraft is high.
- If the deal goes through, these aircrafts would be the first major export of Japanese defence item after the pacifist country had lifted its decades-long self-imposed embargo on export of weapons and India its first importer.
US-2 amphibious aircraft: It has long-range civilian and military applications and can land on choppy waters. Indian Navy is seeking to purchase it in order to monitor India’s vast coastline, islands and for use is disaster relief.
Related Posts
Month: Current Affairs - February, 2016