India has signed a letter of Intent for the sale of Light and Medium lift helicopter.
Namely the LUH and Dhruv.
A letter of intent (LOI) is a legally binding document declaring the preliminary commitment of one party to do business with another, The letter outlines the basic terms and conditions of a prospective deal, after the signing of the LoI price negotiations and other procedures will take place.
HAL Light Utility Helicopter - Wikipedia
en.m.wikipedia.org
HAL Dhruv - Wikipedia
en.m.wikipedia.org
Last edited: