India to Embark on Rs 10,000-cr Project to Replace Mi-17 Copters

India is set to embark on a Rs 10,000 crore project to design and develop an indigenous medium lift helicopter that will replace all imports in that class for the armed forces. Given the scale of investments needed – this would be the largest helicopter design attempted by India – cabinet approvals will be needed for the project, with sources saying that work has commenced on the process. Read More…