HAL unveils Rs. 6,000-crore plan with focus on manufacturing UAVs

The Hindu - 6/19/2014

Hindustan Aeronautics Ltd, the country’s sole military aircraft manufacturer, is set to unveil a Rs. 6,000-crore modernisation programme with a focus on manufacturing unmanned aerial vehicles for surveillance and combat purposes, the company said on Tuesday. The modernisation plan spreads out through 2020; HAL will use Rs. 1,200 crore during the current year (2014-15) alone, its Chairman, R.K. Tyagi, told The Hindu.

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