HAL invites Indian partner for licence manufacturing of

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Press Trust of India Bengaluru
Last Updated : Feb 16 2018 | 5:15 PM IST
Hindustan Aeronautics Limited (HAL) has offeredthe indigenous 'Advanced Light Helicopter-Dhruv' (Civil version) for manufacturing to potential Indian private companies through Transfer of Technology.
The company today said it has invited Expression of Interest (EOI) for identification of Indian Partner.
HAL which is the Design Authority and OriginalEquipment Manufacturer (OEM) of ALH-Dhruv, in a release saidthe company is now looking forward to develop a reliable Indian Partner (IP) to service the potential demand to different customers in civil sector in shorter time span.
The selected Indian Partner would also be required to provide support to the customers throughout the life of the product (20 years) thereby ensuring long term business relationship, it said.
"Considering the increasing need of helicopters incivil operations of the country, this will be a mega deal fromHAL which is the OEM and Licensor," HAL CMD T Suvarna Rajusaid.
As a technology provider, HAL said it shall provide transfer of technology through license and transfer of know - how, technical assistance and license rights for production ofALH-Dhruv (Civil) for the selected business partner.
The company said it is looking for the Indian Partner, who has five years of experience inengineering and aerospace industry (including manufacturing and assembly), having net worth of Rs 2000 crores and minimumturnover of Rs 2500 crores, possessing skilled and qualifiedmanpower, registered in India or having majority holding by Indian stakeholders and willing to enter strategic collaboration with HAL.

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First Published: Feb 16 2018 | 5:15 PM IST

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