Following the cancellation of a deal for 12 VVIP helicopters in the wake of bribery allegations, the Indian Air Force (IAF) will modify a few of its Mi series of medium-lift machines - the Mi-17 V5 - to fill in, but "only as an interim measure".
After scrapping AgustaWestland`s Rs 3,600 crore deal for supplying VVIP choppers, the Defence Ministry on Monday said it will take a decision on the issue of blacklisting the firm after consultations with the Law Ministry and CBI.
Having scrapped the deal for 12 VVIP choppers with AgustaWestland, India is working on procedures to claim more than 650 million euros (about Rs 5,470 crore) from the company in the form of seizure of bank guarantees and imposing penalties.
With the government moving towards cancelling the AgustaWestland deal for VVIP choppers, its former rival in the tender US firm Sikorsky on Thursday said it is ready to provide such helicopters to India if the contract is scrapped.
With Italian agencies probing allegations of it paying kickbacks to secure the deal for supplying 12 VVIP choppers, Agusta Westland on Saturday said it never appointed any agent for the Indian project.