84K cr orders pending, 55K cr more coming up: HAL chief

Ananthakrishnan says Hindustan Aeronautics Ltd order book position is comfortable

Bengaluru (ANI): In the wake of Prime Minister Narendra Modi’s recent assertion that the state-owned Hindustan Aeronautics Limited has a huge number of orders for aircraft and choppers, the chairman of the PSU said that the state-owned entity has pending orders worth Rs 84,000, while orders worth Rs 55,000 were in the pipeline.

Hindustan Aeronautics Ltd (HAL) CMD CB Ananthakrishnan said, “We have been generating revenues of Rs 25,000 crores which has shown a growth of eight percent. We have sufficient contracts to be executed.”

“Almost Rs 84,000 crore orders are pending. Another Rs 55000 crore orders are in the pipeline, likely to materialize in next six months to one year. So, all in all, we will have a healthy order book. Our capacity is 30 helicopters per annum,” he said. “We will try to ramp it up to 60 helicopters. If demand is at its peak, then we can take it to 90 helicopters,” he stated.

He said sanction for the LCA (Light Combat Aircraft) Mark II, has come and that the Defence Research and De-

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Hal On A High

six years, the product should be available.”

“The execution timeframe is starting from February 2024. We are confident that we will be able to deliver the first aircraft in February 2024,” he added.

PM Modi had while inaugurating a HAL helicopter factory in Karnataka’s Tumakuru

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Modi also recalled earlier Parliamentary sessions that were disrupted by the Opposition over the demand for a Joint Parliamentary Committee probe into the Rafale deal.

“Tumakuru has got a big helicopter factory today. Karnataka is a land of young talent and innovation. The world is seeing the manufacturing power of Karnataka from drone manufacturing to Tejas fighter planes. The doubleengine government has made Karnataka the first choice of investors. The inauguration of the helicopter factory is an example of how the double-engine government works,” PM Modi said.