Mumbai, March 4 -- According to an exchange filing, Rs 2,901 crore has been allocated for the procurement of six ALH Mk-III (Maritime Role) helicopters, along with operational role equipment, an engineering support package and performance-based logistics support.

The company said that these twin-engine helicopters incorporate state-of-the-art features superior to the currently operated airborne platforms and are capable of undertaking a wide spectrum of maritime security missions from shore-based airfields as well as ships at sea. It added that their induction will significantly enhance the capabilities of the Indian Coast Guard in ensuring the safety and protection of artificial islands, offshore installations, fishermen, and the marine...