TUMAKURU – Indian prime minister Narendra Modi on Monday inaugurated country’s largest helicopter factory – the Hindustan Aeronautics Limited – in the southwestern state of Karnataka.
The facility in Tumakuru district has capacity to produce more than 1,000 helicopters that would strengthen the country’s defence. The development comes after Indian announced double-digit increase in a latest defence push last week.
The factory, spread across 615 acres for which Modi laid the foundation stone in 2016, would initially manufacture Light Utility Helicopters (LUH), the Indian media reported.
India is one of the largest arms importers in the world and, even with its recent push towards local defence production, still relies heavily on hardware from Moscow, its largest and oldest military supplier.
PM Shri @narendramodi dedicates HAL helicopter factory to the nation in Tumakuru, Karnataka. pic.twitter.com/dqAZMsJXnI— BJP (@BJP4India) February 6, 2023
Addressing the inauguration ceremony, he said the helicopter factory fulfilled the government’s promise to reduce dependence on foreign countries for its defence needs. He said modern weapons, including rifles, tanks, aircraft carriers and others were now being produced in India.
The factory in southern Karnataka state was unveiled months after Indian inaugurated its locally made attack helicopters that can be used in high-altitude areas.
India also rolled out its first locally made aircraft carrier in September 2022 in a bid to counter China’s growing presence in the Indian Ocean region.
KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on March 23, 2023 (Thursday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||343.5||347|
|Hong Kong Dollar||HKD||35.92||36.27|
|New Zealand Dollar||NZD||176.66||178.66|
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 203,800 on Thursday. The price of 10 grams of 24k gold was recorded at Rs174,730.
Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
|Lahore||PKR 203,800||PKR 2,350|
|Karachi||PKR 203,800||PKR 2,350|
|Islamabad||PKR 203,800||PKR 2,350|
|Peshawar||PKR 203,800||PKR 2,350|
|Quetta||PKR 203,800||PKR 2,350|
|Sialkot||PKR 203,800||PKR 2,350|
|Attock||PKR 203,800||PKR 2,350|
|Gujranwala||PKR 203,800||PKR 2,350|
|Jehlum||PKR 203,800||PKR 2,350|
|Multan||PKR 203,800||PKR 2,350|
|Bahawalpur||PKR 203,800||PKR 2,350|
|Gujrat||PKR 203,800||PKR 2,350|
|Nawabshah||PKR 203,800||PKR 2,350|
|Chakwal||PKR 203,800||PKR 2,350|
|Hyderabad||PKR 203,800||PKR 2,350|
|Nowshehra||PKR 203,800||PKR 2,350|
|Sargodha||PKR 203,800||PKR 2,350|
|Faisalabad||PKR 203,800||PKR 2,350|
|Mirpur||PKR 203,800||PKR 2,350|
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