HAL and SkyPulse Solutions Sign Rs 2,491 Crore MoU for a 30-Helicopter Leasing Programme

29 September 2026National

Hindustan Aeronautics Limited (HAL) and SkyPulse Solutions IFSC signed a Memorandum of Understanding worth Rs 2,491 crore to build a framework for acquiring, financing, leasing and lifecycle-supporting HAL-manufactured helicopters. The programme covers 30 helicopters — both single and twin-engine — in two phases: 10 between 2027 and 2029 and 20 from 2030 onwards, with induction beginning in FY 2027-28. The fleet is meant for Helicopter Emergency Medical Services, disaster response, search and rescue, tourism, UDAN connectivity, government and charter flying, and the MoU also covers MRO, training and spares support, reinforcing the Make in India push in rotary-wing aviation.

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HAL began as Hindustan Aircraft Limited in Bengaluru in 1940 and works under the Ministry of Defence | HAL was granted Maharatna status in 2024 | UDAN (Ude Desh ka Aam Naagrik) was launched in 2016 under the Ministry of Civil Aviation's regional connectivity scheme

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