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Punj Corporation Pvt Ltd (PCPL) and Russian Firm, UVZ have associated to undertake repair and maintenance of T-72 and T-90 tank engines and radiators in India.
In a joint statement the companies stated that, JSC URALVAGONZAVOD (UVZ), which makes main battle tanks, has also appointed PCPL as its sole representative to undertake the repair and maintenance work in India.
Awadhesh Mishra, CEO of PCPL stated that, this agreement will result in an expected business of approx Rs.1,000 crore every year as there is a big backlog of repair work of these tanks in India. Further the UVZ stated that, for all the maintenance and repair activities undertaken by the PCPL including supply of required spares, the UVZ would provide full technical support, personnel and ensure conformance to quality.
