Whopping Rs 50,000 cr! HAL bags ‘largest single order’ from Defence Ministry for terror choppers – Details

whopping rs 50,000 cr! hal bags ‘largest single order’ from defence ministry for terror choppers – details

whopping rs 50,000 cr! hal bags ‘largest single order’ from defence ministry for terror choppers – details

The Defence Ministry has granted Hindustan Aeronautics Limited (HAL) a tender worth approximately Rs 50,000 crore for the procurement of Light Combat Helicopters (LCH), according to a report by Economics Times. This is the largest single order ever given to an Indian company for acquiring helicopters.

The tender was issued to HAL under the Single Vendor Contract (SVC) route, allowing HAL to submit a techno-commercial bid. The Defence Ministry will negotiate this bid before finalizing the deal. HAL, being the sole company awarded the tender, signifies a strong government push towards indigenous defence manufacturing.

As per the ET report, the Indian Army and Air Force will receive 156 ‘Prachand’ helicopters, specifically designed for Indian conditions. These helicopters have demonstrated exceptional performance at high altitudes during trials in Ladakh, making them a vital asset for the military.

Officials highlighted that the LCH is equipped with agility, manoeuvrability, extended range, and high-altitude performance. It is capable of performing around-the-clock, all-weather combat missions, including Combat Search and Rescue (CSAR), Destruction of Enemy Air Defence (DEAD), Counter Insurgency (CI) operations, and support to ground forces. The helicopters can also engage slow-moving aircraft and Remotely Piloted Aircraft (RPAs), and conduct high-altitude bunker-busting operations.

The Indigenous content by value for the LCHs is expected to exceed 55% initially, with plans to increase this percentage over time. This contract follows a previous order in 2022 for 15 LCHs valued at Rs 3,887 crore, which included infrastructure sanctions worth Rs 377 crore. The LCH is projected to be India’s primary combat helicopter for the next three to four decades, potentially opening avenues for export orders and further reducing dependence on foreign imports.

OTHER NEWS

2 hrs ago

Adani Enterprises to invest $21 billion in its airport business over the next 10 years

2 hrs ago

‘Dark day in history of India’: Speaker invokes emergency in Parliament

2 hrs ago

US Mission to India meets skyrocketing student visa demand

2 hrs ago

Bharti Hexacom shares surge 100% from IPO price in just two months of listing

2 hrs ago

‘There Goes INDI Alliance…’: BJP Questions Opposition Unity On Speaker Poll, Emergency Resolution

2 hrs ago

Nana Patekar says Smita Patil passed away too soon, she urged him to learn driving; talks about his fondness for Hema Malini, Waheeda Rehman

2 hrs ago

HDFC Bank Breaks Spell Of Liquidity & Growth Concerns, What's Next For Private Banks & HDFC? | News

2 hrs ago

Post-Birla Re-Election, NDA Silence On Lok Sabha Deputy Speaker Sparks Opposition Outcry

2 hrs ago

"I remember him, baseballing Steyn..": Aussie stars reminiscing on Warner's international debut

2 hrs ago

The US-India Defence Partnership Witnesses Big Jump

2 hrs ago

Fully built 50,000th bus rolls out from this company's MP plant. Not Tata or Mahindra

2 hrs ago

Meet Vikram Singh Rajput, A Salman Khan Fan Who Shares Uncanny Resemblance With His Idol

2 hrs ago

Junaid Khan Shares His Father Aamir Khan's Reaction To His Debut Film Maharaj, Says 'He Quite Liked It'

2 hrs ago

Mumbai college imposes ban on hijab, burqa; high court refuses to interfere

2 hrs ago

Taliban Minister's Video Call With Rashid Khan After Afghanistan Books T20 World Cup Semi-Final Spot

3 hrs ago

Telugu Actor Ravi Babu-starrer Rush Gets OTT Release On This Platform

3 hrs ago

Vashu Bhagnani breaks silence on Pooja Entertainment lay offs rumours, denies selling office space to pay debt

3 hrs ago

TRAI to Airtel, Reliance Jio and Vodafone: Work on your apps and website

3 hrs ago

Vicky Kaushal, Triptii Dimri, Ammy Virk's 'Bad Newz' trailer to be out on this date

3 hrs ago

Noida: 5,405 fines issued to vehicle owners for using illegal stickers, sirens

3 hrs ago

'Making every Indian woman financially secure': This fintech platform for women raises $1.2 mn in seed funding from Vani Kola's Kalaari Capital

3 hrs ago

NHAI To Earn Additional Rs 10,000 Crore In Toll Revenue With GPS-Based Technology

3 hrs ago

Watch: PM, Rahul Gandhi shake hands, accompany Om Birla to Speaker's seat

3 hrs ago

'Fixing In Cricket': Ex-English Cricketer Goes Hard At ICC, Highlights Big Issue With IND vs PAK WC Fixtures

3 hrs ago

'First time, very excited', BJP MP-actor Kangana Ranaut on Lok Sabha Speaker election

3 hrs ago

'Maharaja' box office collection day 12: Vijay Sethupathi battles hard on weekdays

3 hrs ago

Will Modi 3.0 government raise interest rates on PPF, SSY, and other small savings schemes for next quarter?

3 hrs ago

‘Amitabh Bachchan arrived on the set before cleaners, Rajesh Khanna was always late’: Sharmila Tagore compares them to Ranbir Kapoor, Ranveer Singh

3 hrs ago

Shilpa Shetty, Raj Kundra Issue FIRST Statement After Cheating Allegation: 'Not Committed Any Offence'

3 hrs ago

Madhuri Dixit’s husband Shriram Nene on Indian HNIs moving abroad: ‘Taxation is a bit challenging, but…’

3 hrs ago

'Indisciplined And Careless': PCB Likely To Take Strict Action Against Pakistan Team Post Bizarre WC Incident

3 hrs ago

The Dharam of Modi 3.0: From BJP's Odisha hero to Opposition's prime target

3 hrs ago

National Testing Agency, at centre of NEET row, registered as private society

3 hrs ago

Kinetic E Luna review, first ride

3 hrs ago

Sharmila Tagore slams ‘Animal' for its misogyny, shares why it can't be 'rubbished'

3 hrs ago

Fineotex Chemical Share Price: Ashish Kacholia-backed smallcap stock up 1000% in 5 years

3 hrs ago

Radhika Merchant stuns in Sabyasachi: A bridesmaid look straight out of a fairytale

3 hrs ago

'Munjya' vs 'Kalki' at box office: Director says 'massive but Rs 100 crore possible'

3 hrs ago

Kriti Sanon practises Nordic curls in new video; here's why it is the perfect midweek workout

4 hrs ago

Exclusive: Akshay Kumar, Suniel Shetty, Disha Patani raise excitement in leaked pic from Welcome To The Jungle