51 million deal with the South American Republic of Ecuador for the sale of seven 'Dhruv' Advanced Light Helicopters (ALH).Press Trust of India
Wednesday, June 25, 2008 (New Delhi)
India has made aviation history by concluding a USD 51 million deal with the South American Republic of Ecuador for the sale of seven 'Dhruv' Advanced Light Helicopters (ALH).
The deal signed between Ecuador Aviation Authority and bluechip state-owned Hindustan Aeronautics Limited (HAL) envisages the supply of seven helicopters in semi knock-down conditions to the Republic in a time-frame of 15 months to two years, Defence Ministry officials said.
With this, India has joined a select group of nations with a capability to bid for international contracts for choppers. So far, the helicopter market has been dominated by US, European companies and Russia.
The ALH 'Dhruv' has been making waves in international air shows worldover from the past two years but international sales of the helicopter have eluded HAL.
HAL came very near bagging its first international order when it bid for the Chilean armed forces contract two years ago, but was beaten to the closing line by the US competitors.
Source
http://www.ndtv.com/convergence/ndtv/story.aspx?id=NEWEN20080054460#
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