Hindustan Aeronautics Ltd (HAL) is looking at setting up logistics bases in Malaysia, Vietnam, Indonesia and Sri Lanka as part of initiatives to woo the countries to buy India’s light combat aircraft Tejas and military helicopters. The HAL top executive said the company is looking at setting up maintenance facilities in these four countries as having logistics bases is key to sell the products and ensure after-sales services.
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The Indian Air Force has already placed an order for 40 Tejas and is likely to seal a contract “very soon” with HAL for another 83 aircraft at a cost of around Rs 38,000 crore. India is one of the largest importers of arms and military platforms globally. The government has been focusing significantly on promoting defence indigenisation by taking a slew of reform initiatives including liberalising FDI in defence sector.
