HAL signs final contract for Aravalli engine development with SAFHAL
HAL signs final contract for Aravalli engine development with SAFHAL. The agreement marks a key milestone in the indigenous development and production of the Aravalli helicopter engine in partnership with Safran Helicopter Engines. The project strengthens India’s defense manufacturing capabilities under the SAFHAL joint venture. Initial investment pegged at ₹3,200 crore over the next five years.
📊 STOCKS: $HAL | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Defense
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