HAL to roll out more Tejas fighters from new facility

Saturday, 03 November 2018, 04:20 Hrs
21
cmt right
35
Comment Right
40
cmt right
14
cmt right
Printer Print Email Email


State-run aerospace major Hindustan Aeronautics Ltd (HAL) will roll out more Light Combat Aircraft (LCA) Tejas from its new production facility at Nashik in Maharashtra, a top official said on Friday.

"We are setting up a new facility at Nashik to double the production of Tejas fighters to 16 from 8 per year," HAL Chairman and Managing Director R. Madhavan told reporters here.

The company is investing Rs 1,300-crore for the Tejas fighter production augmentation, he said.

The defence behemoth has two production units in Bengaluru where the advanced fourth generation multi-role light fighters are built for the Indian Air Force (IAF) combat fleet.

The new facility is expected to be operational by 2020.

Going forward, the additional capacity will augment the LCA production to 20 units per annum.

The city-based company has an order book of Rs 64,000 crore.

"We certainly like to have a better order book position. Generally, an order book covers 5-7 years of our sales, but what we have covers four years. It is slightly on the lower side, but we have pending orders which should make up," said the Chairman.

An order of 83 LCAs for the IAF is pending, he said.

Fresh orders are expected for the defence major within the next 3-6 months.

"We are looking at orders for 83 LCA Mk-1s and 15 Light Combat Helicopters (LCH)," Madhavan said.

Over the last six months, HAL received an order worth Rs 950 crore for the upgrade of 17 Dornier aircraft from the Indian Coast Guard.



Read more news:



5 Things Every Online Business Needs To Survive



Learning to Negotiate


Source: IANS
SPOTLIGHT
Entertainment
"Game of Thrones" author George R.R. Martin doesn't want season eight to be the final chapter of "..
Business
The Pentagon has selected Microsoft and Amazon Web Services (AWS, the cloud computing arm ..
Enterprise IT
Taking on streaming giants like Netflix and Hulu, Walt Disney Co. has announced it will laun..
Gadgets
Google Pixel and OnePlus smartphones are catching up and giving stiff competition to Samsu..
US Indian
Facebook-owned photo messaging app Instagram has launched the beta version of its in-app sh..
Career
Wiley, a global leader in research and education has announced a series of blended learning progr..
Startup City
Youth are leading India's start-up ecosystem where the median age of founder-entrepreneurs..
Technology
Facebook-owned messaging app WhatsApp is still developing its previously announced "Vacatio..
Finance
The Reserve Bank of India injected a total liquidity of Rs 2.98 lakh crore in the market in 20..