34 Dhruv Mk III helicopters worth Rs 8,073 crore contracted for Indian Army and Coast Guard.

Hal shares surge 3% after Defence Ministry announces contracts worth Rs 8,073 crore for 34 advanced light helicopters and related equipment for the Indian Army and Coast Guard. The contracts, signed on Wednesday, involve the acquisition of 34 Dhruv Mk III helicopters, with the Indian Army receiving 25 and the Coast Guard getting the remaining 9. This marks a significant move towards indigenisation in defence manufacturing in India.

March 13, 2024
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