PSU Alert: HAL shares up 2% on bagging ₹8,073 crore Defence Ministry orders

HAL on Thursday said the Defence Ministry order is for 34 Advanced Light Helicopters (ALH) Dhruv Mk III for the Indian Army and the Indian Coast Guard.

The project will generate employment of an estimated 190 lakh man-hours during its duration. It will also entail the supply of equipment from more than 200 MSMEs and 70 local vendors will be involved in the indigenisation process which is likely to have a positive impact on employment generation in this sector, thus furthering the vision of 'Aatmanirbhar Bharat', HAL said in a statement.

The ALH Dhruv Mk III UT (Utility), the Indian Army version, is designed for Search & Rescue, Troop Transportation, Internal Cargo, Recce or Casualty Evacuation etc. The company has proved its performance in high-altitude regions like Siachen Glacier and Ladakh, the company said.

It further said that the ALH Mk III MR (Maritime Role), the ICG version, is designed for Maritime Surveillance and Interdiction, Search and Rescue, Rappelling Operations and for Cargo & Personnel Transportation, Pollution Response using external cargo carrying capability and Medical Casualty Evacuation. It has proved its mettle even in adverse atmospheric conditions over sea and land.