• Latest
  • Trending
Indian defence ministry requests proposal from HAL for buying 156 LCH ‘Prachand’

Indian defence ministry requests proposal from HAL for buying 156 LCH ‘Prachand’

Federal Bank stock at 52-week high: Know its Q2FY26 performance

Federal Bank likely to improve earnings in coming quarter

Accel backs Sahi with $33M to expand retail trading platform

Accel backs Sahi with $33M to expand retail trading platform

Waaree Renewable to acquire majority stake in Associated Power for Rs 1,225 crore

Waaree Energies stock down 10% despite strong Q4FY26 profit growth

Indian Bank sees lending rates easing further as RBI holds policy steady

Indian Bank reports steady growth, improved asset quality in Q4FY26

U.S. expands Caribbean energy partnerships as geopolitical concerns rise

Indian market tumbles as fears of Iran war return

Nippon Life AMC posts 29% net profit growth to Rs 385 crore

Nippon Life AMC posts 29% net profit growth to Rs 385 crore

Honeywell declares $1.19 quarterly dividend, sets June 5 payout date

Honeywell declares $1.19 quarterly dividend, sets June 5 payout date

Dollar index outlook: Weakness persists, structural support intact

Dollar index outlook: Weakness persists, structural support intact

Why Bandhan Group acquired Genisys? Will it set a new trend for Indian banks!

Bandhan Bank reports strong Q4FY26 results; stock up 11% in morning trade

Zomato faces claims of internal pressure and falling behind

Eternal net profit jumps 4.5 times to Rs 174 crore in Q4FY26

Punjab & Sind Bank reports steady Q4FY26 performance with profit growth

Punjab & Sind Bank reports steady Q4FY26 performance with profit growth

Copper hits record output in China as geopolitical risks drive commodity volatility

Copper hits record output in China as geopolitical risks drive commodity volatility

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Thursday, April 30, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

Indian defence ministry requests proposal from HAL for buying 156 LCH ‘Prachand’

in Technology
Reading Time: 2 mins read
0
Indian defence ministry requests proposal from HAL for buying 156 LCH ‘Prachand’
Share on FacebookShare on Twitter

DBT Bureau

Bengaluru, 17 June 2024

In another boost to self-reliance ambitions in defence sector, state-run Hindustan Aeronautics Ltd (HAL) on Monday said that the company has received Request for Proposal (RFP) for 156 Light Combat Helicopters (Prachand) from Defence Ministry.

“We would like to inform that, Request for Proposal (RFP) has been issued by the Ministry of Defence for procurement of 156 Light Combat Helicopter,” the company said in an exchange filing.

Out of the total 156 LCH procurement proposals, 90 LCH ‘Prachand’ are to be procured for the Army Aviation Corps, while 66 are for the Indian Air Force (IAF).

The tender is likely to be worth around Rs 45,000 crore, which if won will provide a big boost to the earnings of HAL.

Indian armed forces already operate a fleet of around 15 LCH Prachand, which is designed, developed, and manufactured indigenously in India. The HAL, which has done extensive test flying of the LCH, has said that it’s the only combat helicopter that can operate at an altitude of 160,400 ft.

HAL is executing several critical projects in the defence sector, which are critical for reducing the dependence of India on arms imports. The Bengaluru-headquartered PSU will deliver the first of the 83 Light Combat Aircraft (LCA) MK1A ‘Tejas’ to the IAF next month. In February 2021, the IAF had placed orders for 83 LCA MK1A in a deal worth Rs 48,000 crore.

The Indian government has already issued another RFP for procurement of 97 LCA MK1A, which is likely to replace the ageing fleet of Mig 21 fighter jets.

HAL is also playing a significant role in boosting exports from India as the country aims to achieve Rs 50,000 crore defence exports in five years. The defence exports from India touched Rs 21,000 crore, around $2.63 billion in FY24. Many countries have evinced interest in buying Tejas in recent years.

Related Posts

NASA’s SLS rocket, powered by Boeing, launches Orion moon mission

NASA’s SLS rocket, powered by Boeing, launches Orion moon mission

0

DBT Bureau Pune, 3 April 2026 NASA’s Space Launch System (SLS) rocket, featuring a core stage built by Boeing, launched...

Hindustan Zinc, Virginia Tech collaborate on advanced research in silver recovery

Hindustan Zinc, Virginia Tech collaborate on advanced research in silver recovery

0

DBT Bureau Pune, 5 March 2026 Hindustan Zinc Limited has entered into a research collaboration with Virginia Tech to enhance...

Unipol and IBM expand partnership to boost AI and hybrid cloud innovation in Italy

Unipol and IBM expand partnership to boost AI and hybrid cloud innovation in Italy

0

DBT Bureau Pune, 13 Nov 2025 IBM and Unipol Assicurazioni, one of Europe’s largest insurance groups and leader in Italy...

Sophos strengthens security operations with Secureworks integration and ITDR launch

Sophos strengthens security operations with Secureworks integration and ITDR launch

0

DBT Bureau Pune, 29 Oct 2025 Sophos reported significant enhancements to its Security Operations portfolio, already trusted by over 75,000...

Federal Bank stock at 52-week high: Know its Q2FY26 performance
Finance

Federal Bank likely to improve earnings in coming quarter

0

Debasis Mohapatra Bengaluru, 30 April 2026 Private sector lender, Federal Bank is expected to report better earnings in coming quarters...

Read moreDetails
Accel backs Sahi with $33M to expand retail trading platform
Market

Accel backs Sahi with $33M to expand retail trading platform

0

DBT Bureau Pune, 30 April 2026 Sahi, the broking platform built for performance-driven traders, announced a $33 million Series B...

Read moreDetails
Waaree Renewable to acquire majority stake in Associated Power for Rs 1,225 crore
Market

Waaree Energies stock down 10% despite strong Q4FY26 profit growth

0

Athira Sethu Kochi, 30 April 2026 Waaree Energies, a prominent solar PV module manufacturer, saw its stock price falling around...

Read moreDetails
Indian Bank sees lending rates easing further as RBI holds policy steady
Finance

Indian Bank reports steady growth, improved asset quality in Q4FY26

0

Athira Sethu Kochi, 30 April 2026 Indian Bank, a state-owned lender, reported its financial results for the quarter ending March...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.