HAL looks to build light helicopters to develop medium chopper expertise
Business Standard|July 06, 2024
The second and concluding part of the series on India's indigenous aerospace industry traces HAL's strategy to retain its position as the country's top-performing defence PSU
AJAI SHUKLA
HAL looks to build light helicopters to develop medium chopper expertise

Since the early-1960s, by designing and building the HF-24 Marut and assembling MiG-21 fighters from Soviet blueprints, Hindustan Aeronautics Ltd (HAL) has built a healthy income stream from fixed-wing combat aircraft.

Now, with the income stream from assembling Sukhoi-30MKI fighters running dry, HAL is looking towards building helicopters to retain its position as India's top performing defence public sector undertaking (DPSU).

HAL chief CB Ananthakrishnan, briefing Business Standard on an exclusive visit to HAL, says more than 320 Dhruv advanced light helicopters (ALHS) have been delivered to the Army, Navy and Indian Air Force (IAF).

Prachanda LCH

In addition, the eponymous Prachanda Light Combat Helicopter (LCH), which has impressed regional air show audiences with its thrilling aerobatics performances, has received its first orders.

The Ministry of Defence (MOD) has ordered 10 Prachanda LCHS for the IAF and another five for the Army. This is just the tip of the iceberg. The IAF and the Army intend to buy 162 Prachanda LCHS - 65 for the former and 97 for the latter.

The MoD's hesitant purchase of 15 LCHS is called a Limited Series Production (LSP) order. These choppers will be flown by IAF and Army pilots to gauge their performance and capability. They will provide performance feedback and recommend design improvements to HAL.

The 5.8 tonne, twin-pilot Prachanda LCH can operate at altitudes up to 20,000 feet, higher than any other attack helicopter anywhere. It has demonstrated its ability to land on, and take off from, helipads at 15,000-feet altitude at Siachen Glacier with combat loads of fuel and weaponry.

This story is from the July 06, 2024 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the July 06, 2024 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESS STANDARDView All
Business Standard

Give robust response to Sec 148A notice to avoid reassessment

The Income-Tax (I-T) Department is reviewing cases from assessment year (AY) 201819 for potential reopening, which may lead to a surge in tax notices.

time-read
2 mins  |
August 10, 2024
Strong orders, margins to drive gains for Kaynes
Business Standard

Strong orders, margins to drive gains for Kaynes

The stock of the secondlargest electronic manufacturing services (EMS) player by market capitalisation, Kaynes Technology India, is up 10 per cent from its monthly lows.

time-read
2 mins  |
August 10, 2024
Business Standard

Care Health Esop case: SAT stays Irdai order

The Securities Appellate Tribunal (SAT) on Friday granted a stay on Insurance Regulatory and Development Authority of India's (Irdai's) order against Religare Enterprises' (REL) executive chairperson, Rashmi Saluja, and its subsidiary, Care Health Insurance, in a matter related to the allotment of employee stock ownership plans (Esops).

time-read
1 min  |
August 10, 2024
Smaller SIPS, Reit reforms on Sebi's FY25 work list
Business Standard

Smaller SIPS, Reit reforms on Sebi's FY25 work list

The Securities and Exchange Board of India (Sebi) said on Friday that its key areas of work for the current financial year (FY25) included further reducing the minimum investment for mutual funds, faster processing of rights issues, and fostering greater innovations.

time-read
1 min  |
August 10, 2024
More regulation needed to curb retail speculation in F&O'
Business Standard

More regulation needed to curb retail speculation in F&O'

Indian stock markets are volatile at a time when the regulator, Securities and Exchange Board of India (Sebi), has introduced measures to curb speculative bets in futures and options (F&O). AMISHA VORA, chairperson & managing director of PL Capital - Prabhudas Lilladher, told Nikita Vashisht in an email interview that India had strong fundamentals for sustained market growth despite global uncertainties, \"mitigating concerns of a bubble\". Edited excerpts:

time-read
2 mins  |
August 10, 2024
Prospects healthy for Bharat Forge, but stock fully valued
Business Standard

Prospects healthy for Bharat Forge, but stock fully valued

Premier engineering concern Bharat Forge has broadened its revenue streams by entering new non-auto segments and markets, resulting in the share of the auto business dropping to 58 per cent in the financial year 2024 (FY24) from 80 per cent (FY07).

time-read
2 mins  |
August 10, 2024
Equity funds log ₹37K cr in July
Business Standard

Equity funds log ₹37K cr in July

Inflows in first four months of FY25 at ₹1.3 trillion, SIPs at record ₹23,332 crore

time-read
2 mins  |
August 10, 2024
Business Standard

Ola Electric rises 20% on debut on EV optimism

Firm's valuation at 40K cr despite tepid response to IPO

time-read
2 mins  |
August 10, 2024
Aamir gets front-row seat in CJI's court
Business Standard

Aamir gets front-row seat in CJI's court

Actor was attending the special screening of Laapataa Ladies in SC

time-read
1 min  |
August 10, 2024
US RECESSION FEARS HYPED?
Business Standard

US RECESSION FEARS HYPED?

But any slowdown may have dampening effect on India, while bringing a silver lining for import bill and FPI inflows

time-read
5 mins  |
August 10, 2024