Helicopter Manufacturing Unit In Karnataka
2018-03-28 Announcements Transport Equipment Southern India
Indo Russian Helicopter Private Limited (IRHL) has been incorporated as Joint Venture (JV) cum subsidiary in May 2017 between Hindustan Aeronautics Limited (HAL), Russian Helicopters and Rosoboronexport, with the objective to manufacture Ka-226T helicopters in India. The authorised capital of the JV is Rs.30 crores and paid-up capital is Rs.10 crores. The JV has 50.5% shareholding by HAL, 42.5% by Russian Helicopters and 7% by Rosoboronexport. The facility for Ka-226T helicopters is proposed to be co-located at the helicopter manufacturing facilities coming up at Tumakuru. This information was given by Raksha Rajya Mantri Dr. Subhash Bhamre in a written reply to Shri C.S Putta Rajuin Lok Sabha.