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During their Earnings Call for Q4FY23, management officials of Hindustan Aeronautics Limited (HAL) announced the successful completion of the limited series production (LSP) variants of the indigenous Light Combat Helicopter (LCH) ‘Prachand.’ This significant milestone involved the production of 15 LSP LCH units, at a cost of ?3,887 crore, with 10 units designated for the Indian Air Force (IAF) and five for the Indian Army.

The LSP LCH variants have been manufactured with 45% indigenous content, which is set to progressively increase to more than 55% in Phase II. During this phase, additional user-required systems and modifications will be integrated into the helicopters. HAL aims to secure larger orders in the coming years, building upon the success of LSP production.

The Indian Army has expressed its intention to acquire 90-95 units of the Prachand LCH, while the Indian Air Force plans to procure 65 units from Hindustan Aeronautics Limited. Additionally, the Indian Army eagerly awaits the commencement of trials for the Helina Anti-Tank Guided Missile (ATGM) system from the Prachand LCH. HAL intends to initiate these trials in the middle of this year and complete them by the end of the year.

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