It will ‘work out very well’, Trump says of trade issues with India
US President Donald Trump, on Friday, called Indian tariffs "brutal" but expressed optimism that things will "work out very well" between the two countries on trade.
Prime Minister Narendra Modi on Monday inaugurated the Helicopter Factory of Hindustan Aeronautics Limited (HAL) and unveils Light Utility Helicopter in Karnataka’s Tumakuru.
Defence minister Rajnath Singh and Chief Minister Basavaraj Bommai were also present on the occasion. It is a dedicated new greenfield helicopter factory that will enhance the capacity and ecosystem to build helicopters.
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Asia’s largest helicopter manufacturing facility, this helicopter factory will initially produce Light Utility Helicopters (LUH). LUH is an indigenously designed and developed 3-ton class, single-engine multipurpose utility helicopter with the unique feature of high manoeuvrability, informed the government on Saturday.
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The factory will be expanded to manufacture other helicopters such as Light Combat Helicopter (LCH) and Indian Multirole Helicopter (IMRH) as well as for repair and overhaul of LCH, LUH, Civil ALH and IMRH in the future. The factory also has the potential for exporting the Civil LUHs in future.
This facility will enable India to meet its entire requirement of helicopters indigenously and will attain the distinction of enabling self-reliance in helicopter design, development and manufacture in India.
The factory will have a manufacturing set-up of Industry 4.0 standards. Over the next 20 years, HAL is planning to produce more than 1000 helicopters in the class of 3-15 tonnes from Tumakuru. This will result in providing employment for around 6000 people in the region.
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