India Sells Helicopters to Ecuador

India Sells Helicopters to Ecuador New Delhi, July 08, 2008: India's state-run Hindustan Aeronautics Ltd. signed a $51 million deal to sell seven high-tech Dhruv light helicopters to Autoridad Ecuatoriana de Aviacion. The Indian Defense Ministry officials said the accord stipulates a 15 to 24 month delivery, allowing Dhruv helicopters enter a market so far exclusive to US, Russian and European technology. PTI news agency reminded of India's loss two years ago of a sale of the same technology to Chile, who at the last minute agreed with a US contender.