MoD Signs Contracts with HAL for 156 LCH Prachand Helicopters

29 Mar 2025 CW Team

The Ministry of Defence (MoD) has signed two contracts with Hindustan Aeronautics Limited (HAL) for the supply of 156 Light Combat Helicopters (LCH) Prachand, along with training and associated equipment, valued at Rs 627 billion (excluding taxes). Under the agreements, 66 LCHs will be delivered to the Indian Air Force (IAF) and 90 to the Indian Army.

The delivery of these helicopters will begin in the third year and will be completed over the following five years. Designed for high-altitude combat operations, the LCH is India's first indigenously developed combat helicopter capable of operating at over 5,000 meters. The project aims to achieve over 65% indigenous content, involving more than 250 domestic companies, mostly MSMEs, and generating over 8,500 direct and indirect jobs.

Additionally, the MoD has signed a contract with Metrea Management for the wet leasing of one Flight Refuelling Aircraft (FRA) to provide air-to-air refuelling training for IAF and Indian Navy pilots. The KC-135 aircraft will be delivered within six months, marking the first-ever wet leasing of an FRA by the IAF.

With these agreements, the total number of defence contracts signed in 2024-25 has reached 193, with a record-breaking contract value exceeding Rs 2,090.5 billion, nearly double the previous highest figure. Of these, 177 contracts (92%) worth Rs 1,689.22 billion (81%) have been awarded to domestic industries.

(PIB)

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..