# HAL and SkyPulse Launch Helicopter Programme in India

Hindustan Aeronautics Limited (HAL) and SkyPulse Solutions IFSC Private Limited have signed a Memorandum of Understanding to collaborate on a proposed ₹2,491 crore programme for acquiring and deploying up to 30 HAL-manufactured helicopters. The phased acquisition will begin with 10 helicopters between 2027 and 2029, followed by 20 more from 2030 onward. This initiative includes integrated lifecycle support, financing, leasing, and maintenance solutions facilitated through GIFT City IFSC in Gujarat, targeting civil, governmental, and mission-critical applications.

- The programme represents a significant procurement opportunity for aviation leasing, financing, and lifecycle management services in India’s civil and governmental helicopter sectors.
- Procurement professionals should note the phased delivery schedule starting fiscal year 2027–28, allowing for strategic planning around contract awards and support services.
- The collaboration emphasizes indigenous manufacturing and Make in India objectives, potentially increasing demand for domestic aerospace suppliers and maintenance providers.
- Companies specializing in aviation leasing, financing, MRO, and training services may find new business avenues through this scalable helicopter acquisition and support model.

**Jurisdictions:** federal
**Industries:** Defense & Military, Transportation
**Topics:** Contracting Vehicles, Physical Infrastructure
**Published:** September 28, 2026

### Government Entities
- Hindustan Aeronautics Limited (HAL)
- Ministry of Defence, Government of India

### Vendors
- Hindustan Aeronautics Limited (prime contractor)
- SkyPulse Solutions IFSC Private Limited (leasing and financing partner)

### Key Quotes
> The cooperation with SkyPulse provides a framework to explore new leasing, financing and mission-support solutions for HAL's helicopter platforms. By combining HAL's indigenous manufacturing and engineering capabilities with SkyPulse's aviation leasing and financing expertise, the collaboration aims to facilitate wider deployment of HAL helicopters across commercial, governmental and public-service applications. It also provides an opportunity to strengthen lifecycle support, training and MRO capabilities. HAL looks forward to working with SkyPulse to develop solutions aligned with evolving customer and market requirements.
> — Raju Ranjan Thakur, General Manager (Marketing), Hindustan Aeronautics Limited

> This MoU marks an important step towards building a commercially sustainable civil helicopter ecosystem in India. By bringing together HAL's indigenous helicopter capabilities with SkyPulse's leasing and financing platform at GIFT City, we aim to create a scalable model for the acquisition, deployment and lifecycle support of Indian-manufactured helicopters. The proposed 30-helicopter programme has the potential to generate significant economic activity beyond aircraft acquisition, supporting skilled employment, training, maintenance, engineering and other aviation services. Based on established aviation-sector employment multipliers, the programme could support a substantially wider employment impact as the fleet is deployed and operationalised. We look forward to working with HAL to develop financing, leasing, MRO and asset-management solutions that contribute to Make in India and the growth of India's civil aviation ecosystem.
> — Gagan Jacobs, Director, SkyPulse Solutions IFSC Private Limited

### Sources
- [HAL and SkyPulse Solutions IFSC Sign MoU for Proposed 30-Helicopter Programme Valued at 2,491 Crore](https://www.indiasnews.net/news/279333265/hal-and-skypulse-solutions-ifsc-sign-mou-for-proposed-30-helicopter-programme-valued-at-2491-crore) - India's News.Net
- [SkyPulse, HAL Sign MoU for Proposed 30-Helicopter Programme Worth ₹2,491 Crore](https://www.electronicsforyou.biz/industry-buzz/skypulse-hal-sign-mou-for-proposed-30-helicopter-programme-worth-%E2%82%B92491-crore) - Electronics For You BUSINESS