That is more than three times the company's turnover of 29,810 crore last year.
The order book includes 83 Tejas Mark 1A fighters, contracted with the Indian Air Force (IAF) for 48,000 crore. However, it does not include the acquisition of 97 more Tejas Mark 1A, for an estimated ₹65,000 crore, which the Ministry of Defence (MoD) announced in April.
― It also leaves out the procurement of 150200 Tejas Mark 2 fighters a larger, betterarmed, and more sophisticated version of the Tejas Mark 1A fighter - that is being developed by HAL and the Defence R&D Organisation (DRDO).
HAL officials told Business Standard during a visit to Bengaluru last month that they expect the Indian Air Force (IAF) to procure 100-150 Tejas Mark 2 fighters.
The Tejas Mark 2 was conceived as a marginal improvement on the Tejas light combat aircraft (LCA). It has now evolved into a significantly larger and more capable fighter.
This change comes from replacing the Tejas Mark 1's General Electric F-404 power pack with GE's muscular F-414 engine.
While the F-404's peak thrust is just 83 kilonewtons, the F-414 delivers a blazing 98 kilonewtons of thrust on full afterburners.
This story is from the May 30, 2024 edition of Business Standard.
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This story is from the May 30, 2024 edition of Business Standard.
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