Govt calls off strategic disinvestment of Pawan Hans, says DIPAM

The Department of Investment and Public Asset Management (DIPAM) said that the government has called off the strategic disinvestment of Pawan Hans.

Pawan Hans is a national helicopter carrier in India that was started in October 1985. The flagship helicopter service provider of the government of India evolved into south Asia’s largest helicopter company that maintains and operates a fleet of 43 helicopters. According to its website, which was last updated in 2020, the company had logged one million flying hours and planned to operate 100 helicopters by 2027