Indian Election Result Could Be Good for HAL
The Modi-led government could herald continuation of the Make in India program and lots of contracts for Indian aerospace companies.
The “Make in India” campaign favors HAL’s connection with the Kamov Ka-226T.
The “Make in India” campaign favors HAL’s connection with the Kamov Ka-226T.

The Narendra Modi-led government that won the federal elections for another five-year term may be good news for government-owned defense manufacturer Bengaluru-based Hindustan Aeronautics Ltd (HAL, Chalet 128). The win is also expected to bring good tidings for Indian defense vendors and to small and medium entrepreneurs (Hall 4) awaiting big contracts as the country aggressively moves forward in its "Make in India" mode.


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