iifl-logo-icon 1
IIFL

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

CCS nods procurement of 15 Light Combat Helicopters Series Production from HAL for IAF (10) -; IA (05)

31 Mar 2022 , 03:30 PM

The Cabinet Committee on Security (CCS) met under the Chairmanship of Prime Minister Shri Narendra Modi on 30 March 2022 in New Delhi. The CCS has approved procurement of 15 Light Combat Helicopter (LCH) Limited Series Production at the cost of Rs3,887 crore along with Infrastructure sanctions worth Rs377 crore.

Light Combat Helicopter Limited Series Production (LSP) is an indigenously designed, developed and manufactured state of the art modern combat helicopter containing approx. 45% indigenous content by value which will progressively increase to more than 55% for SP Version.

This helicopter is equipped with requisite agility, maneuverability, extended range, high altitude performance and around-the-clock, all-weather combat capability to perform roles of Combat Search and Rescue (CSAR), Destruction of Enemy Air Defence (DEAD), Counter Insurgency (CI) operations, against slow moving aircraft and Remotely Piloted Aircraft (RPAs), high altitude bunker busting operations, Counter Insurgency operations in jungle and urban environments and support to ground forces and would be a potent platform to meet the operational requirements of Indian Air Force & Indian Army.

State of the art technologies and systems compatible with stealth features such as reduced Visual, Aural, Radar and IR signatures and crashworthiness features for better survivability have been integrated in LCH for deployment in combat roles catering to emerging needs for next 3 to 4 decades. Several key aviation technologies like Glass Cockpit and composite airframe structure have been indigenised.

The future Series Production version will consist of further modern & indigenous systems.

Under the Atmanirbhar Bharat Abhiyaan, India is continuously growing in its capability to indigenously design, develop and manufacture advanced cutting edge technologies and systems in the Defence Sector.

The manufacturing of LCH by HAL will give a further push to Atmanirbhar Bharat initiative and boost indigenisation of defence production and the defence industry in the country. Production of LCH will reduce import dependence for Combat helicopters in the country. Light Combat Helicopters are already in the import embargo list. With its versatile features built-in for combat missions, LCH has the export capability.

Related Tags

  • Cabinet Committee on Security
  • CSS
  • HAL
  • Indian Air Force
  • Indian Army
  • Light Combat Helicopters
  • nifty
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Centerplus
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Knowledge Centerplus

Follow us on

facebooktwitterrssyoutubeinstagramlinkedin

2024, IIFL Securities Ltd. All Rights Reserved

ATTENTION INVESTORS
  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

RISK DISCLOSURE ON DERIVATIVES
  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.