NEW DELHI: An attempt by the Hindustan Aeronautics LimitedNSE 1.95 % (HAL) to rope in the private sector for manufacturing a civilian helicopter has till now received a lukewarm response from the industry, given its abnormally high price tag and operating costs indicated by the public sector unit.
The advanced light helicopter, currently in use by the armed forces, is being pitched by HAL as the next generation civilian chopper suited for the Indian market. The PSU has invited top Indian industries to put in their bids.
