Motor Sich, under scanner for Chinese investment, competes with Russian Helicopters for IAF contract
NEW DELHI: As Ukraine-based JSC Motor Sich competes with JSC Russian Helicopters to get Indian Air Force’s contract of overhauling VK -2500-3 engines of Mi-17 V 5 helicopters, it faces scrutiny for having major Chinese investments. It is alleged that Beijing’s Skyrizon Aviation holds around 80 per cent of Motor Sich through several foreign companies […]