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.
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.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
