IOC Signed Between HAL and PHL for Helicopter Purchase/Lease

An Intent of Cooperation (IOC) was signed between HAL and PHL for purchase or long term lease for 20 helicopters, 10 each civil variants of ALH Dhruv and Light Utility Helicopters at the ongoing Wings India-2022 at Hyderabad. This would also bring synergy between HAL and PHL in helicopter ecosystem and strengthen helicopter business in India’s civil aviation market.

The IOC was signed between Sanjeev Razdan, CMD, PHL and S Anbuvelan, CEO, Helicopter Complex, HAL in the presence of Jyotiraditya M. Scindia, Minister of Civil Aviation, Vemula Prashanth Reddy, Minister of Roads, Buildings, Legislative Affairs and Housing, Telangana, R Madhavan, CMD, HAL and others.

The IOC has been signed in-line with the Govt’s vision of "Aatmanirbhar Bharat".