Explain the significance of the Defence Ministry signing a ₹62,700-crore contract with HAL for 156 light combat helicopters.
Discuss the impact of the contract on defence modernization and indigenous manufacturing.
- Enhanced Military Capabilities: The acquisition of 156 light combat helicopters will bolster India's military capabilities, especially in mountainous regions and high-altitude areas.
- Strengthened Defence Modernization: This contract signifies a step towards modernizing India's defence forces by adding advanced equipment to the arsenal.
- Boost to Indigenous Manufacturing: By partnering with HAL, the contract promotes indigenous manufacturing and boosts the 'Make in India' initiative in the defence sector.
- Technology Transfer and Skill Development: Collaboration with HAL for the helicopters will facilitate technology transfer and upskill local workforce, contributing to self-reliance in defence production.
- Economic Impact: The contract will have positive economic implications by generating employment opportunities and supporting the growth of the domestic defence industry.
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