03 November 2018 Current Affairs:
R. Madhavan, Chairman and Managing Director of Hindustan Aeronautics Ltd., said that HAL plans to manufacture Light Combat Aircraft (LCA) fighters at a new unit in its Nashik complex after completing the deliveries of Sukhoi-30. The licence production of the last 24 Sukhoi-30 MkIs is due to end there in March 2020.
Currently, the Sukhoi-30 are manufactured in the Nashik’s MiG Complex and the two units in Bengaluru produce LCAs. In the last two years, HAL has been investing around Rs.1,300 crore to increase the production rate of LCA. A part of this amount would be used to put up the third LCA unit in Nashik.