Top Indian firms vie for Naval helicopter order

Image
Press Trust of India New Delhi
Last Updated : Mar 18 2015 | 4:42 PM IST
Several top Indian companies including TATA, Mahindra and Anil Ambani-led Reliance Group are vying for the nearly USD 1.5 billion Naval Utility Helicopters Programme under the 'Make in India' initiative.
Defence sources said more than eight domestic firms have responded to the 'Request for Information (RFI)' issued by the government in October last year and the Defence Ministry is currently studying them.
The last date for reply to the RFI for over 100 helicopters was February 28, the sources said, adding Indian companies have tied up with foreign firms for the deal which was initially supposed to have gone to international players.
The Modi government had in August last year scrapped the tender and put the acquisition under the 'Buy and Make Indian' category, allowing the Indian industry to make the helicopters under a joint venture with a foreign manufacturer.
RFI responders included Punj Llyod, Bharat Forge, Mahindra Aerospace, Reliance Defence and Aerospace, Tata Advanced Systems and the state-owned Hindustan Aeronautics Limited (HAL), the sources said.
European major Airbus is in talks with several Indian firms including TATA, Mahindra and Reliance. The sources maintained that it was yet to firm up a partnership and that talks were on. Besides Airbus, interested foreign players include Agusta Westland, Bell Helicopters and Sikorsky.
State-run HAL could tie up with the Russians for Kamov 226 helicopters. This helicopter was offered by the Russians during its President Vladamir Putin's visit late last year.
The Naval headquarters has invited the interested Indian companies, along with representatives from Original Equipment Manufacturers (OEMs), for presentations starting March 16.
Industry sources said the "main challenge" is to ensure that OEMs have clearly defined partnerships with the Indian companies so that the programme execution meets the DPP (Defence Procurement Procedure) guidelines.
"With some of the OEMs still working with multiple Indian partners, there seems to be an urgent requirement for focused approach," an official with a private firm said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Mar 18 2015 | 4:42 PM IST

Next Story