Saturday, October 5th, 2024

India's defense manufacturing strength is once again confirmed, HAL gets new order


New DelhiIndia's defense company Hindustan Aeronautics Limited (HAL) has received an order for 156 light combat helicopters from the Ministry of Defense. With the new order, HAL's stock is seeing a rise of more than 5 percent and at 12 noon it was at Rs 5,470. In a regulatory filing by HAL, it was said that the company has received a Request for Proposal (RPF) from the Ministry of Defense for 156 light combat helicopters. Out of 156 helicopters, 90 helicopters are for the Indian Army and 66 helicopters are for the Indian Air Force.

WhatsApp Group Join Now
Telegram Group Join Now

Tenders worth Rs 45,000 to 50,000 crore

Let us tell you, RPF is a document in which any government or company describes its requirements. It contains information about the process of purchasing goods, timelines, terms and conditions. It is believed that this tender can be worth Rs 45,000 to 50,000 crores. The proposal to buy 156 Light Combat Helicopters from HAL reflects the government's commitment to become self-reliant in defense manufacturing.
By 2035, China will have 1000 J-20 fighter jets, will India's AMCA be able to compete with it?

PressNews24 provides latest news, bollywood news, breaking news hollywood, top tech news, business standard news, indian economy news, world economy news, travel news, mumbai news, latest news mumbai loksabha election 2024, video viral news, delhi news, Only at PressNews24.in

Defense Minister had expressed commitment

Taking charge after the formation of the new government, Defense Minister Rajnath Singh had said that under the leadership of Prime Minister Narendra Modi, our goal is to strengthen the country's security. Along with this, we have to achieve self-sufficiency in defense needs. Before receiving the new order of 156 Light Combat Helicopters, HAL had an order book of Rs 38,561 crore.

The defense industry is growing rapidly

Recently, an agreement has been signed between India and America to make advanced GE engines. HAL will make these engines. The defense industry in India is developing rapidly. Another government defense company Bharat Electronics Limited (BEL) has an order book of Rs 75,934 crore. L&T, which does business in the defense sector, has an order book of Rs 94,000 crore.

Leave a Reply

Your email address will not be published. Required fields are marked *