In a significant boost to India's indigenous defence manufacturing, Hindustan Aeronautics Limited (HAL) has revealed it will invest approximately Rs 4,000 crore from its own resources to fund the initial development of the Indian Multi-Role Helicopter (IMRH).
The state-owned aerospace and defence company's chairman, DK Sunil, confirmed that this substantial internal funding will cover the critical design, prototyping, and testing stages of the advanced, medium-lift helicopter.
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The IMRH...