This Article is From Mar 17, 2015

Hindustan Aeronautics Limited to Explore Goa as Helicopter Manufacturing Hub: Defence Minister

Hindustan Aeronautics Limited to Explore Goa as Helicopter Manufacturing Hub: Defence Minister

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New Delhi:

Bengaluru-based Hindustan Aeronautics Limited has been asked to examine the feasibility of making Goa a hub for manufacturing helicopters, said Defence Minister Manohar Parrikar.

Speaking to reporters at South Block, Mr Parrikar, who was formerly chief minister of Goa before his elevation as defence minister said that the Public Sector Undertaking has been asked to put together a tentative business plan for the Goa project.

"We have asked them to examine the feasibility of Goa as a second hub for manufacturing of helicopters," Mr Parrikar said.

The minister had first announced his intentions of creating a helicopter manufacturing hub in Goa during an investment summit in Panaji earlier this year.

Mr Parrikar has already allotted Goa Shipyard Limited (GSL) - a defence minister-operated institution, a contract of building 12 minesweeper ships for the Indian Navy, worth Rs 32,000 crore.

The contract is one of the biggest defence-related contracts ever handled by the Goa-based shipyard.

"GSL will be the lead agency for manufacturing the 12 Mine Counter Measures Vessels," Mr Parrikar said.

Mr Parrikar said that this contract alone would raise Goa's industrial growth by 10 per cent.
 

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