India and Japan are to finalize an agreement to jointly produce the US-2 amphibious aircraft during Japanese Prime Minister Shinzo Abe’s upcoming visit to India. This will be the first defense deal between the two countries. The aircraft will be produced in India as part of Prime Minister Modi‘s Make in India initiative, and would be available to both domestic and export markets.
The US-2 amphibious aircraft has applications for search and rescue, surveillance, as well as intelligence gathering, reports Economic Times.
Japanese manufacturer ShinMaywa will partner with the Indian company Pipavav, (a part of the Anil Ambani Group of Industries) for the the $1.2 billion project.