Helicopter business of HAL presently contributes to sizeable business of HAL. In years to come, this business segment will grow fast. The fleet size of helicopters in Civil Segment in India is expected to go up to 800 in the next 10 years. In addition, there is expected induction of 600 helicopters in defence.
All this will require MRO and logistic support to sustain. Also, under the Government of India's "Make in India", campaign there will be greater emphasis on boosting the civil aviation sector. The Government has released a new Draft Civil Aviation Policy on October 30, 2015 with a special focus on Helicopter and MRO. Against this background, HAL-PHL agreement on Helicopter MRO assumes significance.
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