A government undertaking, the PHL currently has nearly four dozen big and small helicopters in its fleet and is engaged in providing support services to the oil sector's off-shore operations, services to remote hilly areas and tourist charters.
Also approved was a Rs.16,900 crore proposal for replacing the 1960s vintage L70 and ZU 23 anti-aircraft guns. Official sources said 428 guns will be acquired under the 'buy and make in India' clause of the Defence Procurement Proceddure (DPP).
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