2. ROSOBORONTERRA IS A JV COMPANY BETWEEN ROSOBORONEXPORT AND INDIAN REGISTERED PUNJ CORPORATION OF THE PUNJ GROUP. MR PETER PUNJ IS THE MANAGING DIRECTOR OF PUNJ CORPORATION AND ROSOBORONTERRA, INCHARGE OF ALL BUSINESS ACTIVITIES. ROSOBORONTERRA HAS ALL FINANCIAL / LOGISTICAL / ENGINEERING SUPPORT FROM PSL LIMITED, AN ASSOCIATE COMPANY OF PUNJ CORPORATION.

3. PSL LIMITED HAS AN ANNUAL TURNOVER OF Rs 4000 Cr. AND SCATTERED LAND BANKS THROUGHOUT THE COUNTRY. IT WOULD COMPRISES OF 15 PLANTS, CONSUMING MORE THAN 1.5 MILLION METRIC TONNES STEEL ANNUALLY. ROSOBORONEXPORT, MOTOVILIKHA AND URALVAGONZAVOD HAVE IDENTIFIED BOARD MEMBERS FOR ROSOBORONTERRA AND CONFIRMED EQUITY PARTICIPATION AS PER FDI POLICY.

4. FEDERAL STATE UNITARY ENTERPRISE (FSUE) ROSOBORONEXPORT RUSSIA HAS SET UP JV COMPANY ROSOBORONTERRA INDIA PVT. LTD. WITH INDIAN PARTNER PUNJ CORPORATION PVT. LTD. STRUCTURE OF JV TO INCLUDE URALVAGONZAVOD, MOTOVILIKHA PLANTS AND KURGANMASHZAVOD FOR TANKS, GRAD & SMERCH AND ICV BMP RESPECTIVELY.

5. ON 05 th FEB 2010, MOU ON ESTABLISHMENT OF JV FOR REPAIR AND AFTER SALES SERVICE OF LAND FORCES EQUIPMENT OF RUSSIAN ORIGIN IN INDIAN ARMY WAS SIGNED. ROSOBORONEXPORT DOES NOT/ PLANNING TO SIGN A SIMILAR MOU WITH ANY OTHER INDIAN COMPANY.

6. THE EXECUTION IS AS PER FDI POLICY FOR SCHEDULED REPAIR / OVERHAUL/ MAINTENANCE OF THE TANKS T - 72 / T- 90, ICV BMP I & II, MULTIPLE LAUNCH ROCKET SYSTEM SMERCH, GRAD AND REPAIR VEHICLES SUPPLIED TO INDIA. FEDERAL SERVICE FOR MILITARY AND TECHNICAL COOPRATION (FSMTC)/ ROSOBORONEXPORT HAVE ASSURED ROSOBORONTERRA INDIA OF COMPLETE SUPPORT PERTAINING TO ANY ISSUES REGARDING CERTIFICATION AND LICENSING FOR THE ABOVE PROJECTS.

7. EXECUTION OF MODIFICATION OF THE ABOVE EQUIPMENT. ASSURED SUPPLY OF MACHINERY, TOOLS & TEST EQUIPMENT, MAJOR ASSEMBLIES, COMPONENTS/ AGGREGATES AND SPARE PARTS.

8. THERE ARE SEVEN DIRECTORS. INDIAN MR TVP PUNJ- CHAIRMAN MR. PETER PUNJ – MANAGING DIRECTOR. MR. ASHOK PUNJ- DIRECTOR MR. KESHAV PUNJ - DIRECTOR RUSSIAN MR. V. M. KOMARDIN – DIRECTOR (DEPUTY DIRECTOR GENERAL ROSOBORONEXPORT ) DIRECTOR FROM MOTOVILIKHA. DIRECTOR FROM URALVAGONZAVOD. THERE IS NO UPPER LIMIT FOR INVESTMENT IN THE PROJECT.

9. RFI FOR AMC OF THE COMPONENTS OF MLRS SMERCH ISSUED IN AUG 2011. IT ALSO COVERS THE COMPONENT LEVEL REPAIRS OF SELECTED COMPONENTS AND GUARENTEED SUPPLY OF SPARES. RFI RESPONSE FROM ROSOBORONEXPORT AND MOTOVILIKHA WAS SUBMITTED ON 16 NOVEMBER 2011. A HIGH LEVEL DELEGATION INCL SPECIALISTS FROM OEMs, RUSSIA HAD MEETING WITH EME OFFICIALS ON 18 JAN 2012 AT EME DIRECTORATE. MEETINGS TO DISCUSS THE ISSUE OF RFP OF AMC OF SMERCH AND PAC STATUS WERE HELD WITH MGO AND DGEME ON 09 MARCH AND 13 MARCH 2012 RESPECTIVELY. PAC CERTIFICATE AND RFP IS AWAITED.

10. PUNJ CORPORATION HAS CREATED A SPECIAL PURPOSE COMPANY AS ROSOBORONTERRA INDIA PVT LTD FOR RENDERING REPAIR, OVERHAUL AND MAINTENANCE SERVICES RELATED TO EQUIPMENT OF LAND FORCES. AVAILABILITY OF THE SERVICES OF SENIOR, EXPERIENCED AND HIGHER MANAGEMENT CADRE OFFICIALS. A TEAM OF HIGHLY SKILLED TECHNICIANS, EX- ARMY/ ORDNANCE FACTORIES, AT A WORKING LEVEL IS ALSO BEING FORMED.

11. THE ABILITY TO HAVE OEMs (URALVAGONZAVOD & MOTOVILIKHA) TRAINED/ QUALIFIED PERSONNEL THROUGH OUT THE ENTIRE SPAN OF PROJECT. THE FSMTC IS COMMITED TO PROVIDE COMPLETE SUPPORT THROUGH ROSOBORONEXPORT FOR ANY EXPORT/ IMPORT RELATED MATTERS. SYNERGISING OUR TECHNICAL CAPABILITIES, EXCLUSIVE SUPPORT FROM OEMSs AND OUR INDEPENDENT FINANCIAL CAPABILITY COUPLED WITH OUR NATIONAL INTREST WILL ENSURE OUR SUCCESS IN THESE PROJECTS ENSURING OPERATIONAL PREPARADENESS OF OUR MILITARY EQUIPMENT.

12. . TO ENSURE OPTIMUM LEVEL OF RELIABILITY AND SERVICEABILITY OF MILITARY EQUIPMENT. TO EMPLOY A HIGHLY TRAINED AND PROFESSIONAL TEAM. REGULAR UPGRADATION TRAINING OF OUR TEAM AT OEMs PREMISES.

13. TO PROVIDE PROMPT TECHNICAL SUPPORT TO FIELD ARMY. ASSURED UNINTERRUPTED SUPPLY OF SPARE PARTS/ ASSEMBLIES AND SPECIAL TOOLS & TEST EQUIPMENTS BY OUR RUSSIAN PARTNERS. TO CREAT INFRASTRUCTURE AKIN TO THE OEMs.

14. TO UNDERTAKE REPAIR/OVERHAUL OF ALL TYPES OF RUSSIAN TANKS, MLRS SMERCH & GRAD IN INDIAN ARMY WITH COMPLETE SUPPORT FROM INDIAN VENDORS (APPROVED BY DEFENCE QUALITY ASSURANCE ESTABLISHMENTS) AND OEMs.

15. JAI HIND