Aviation major Hindustan Aeronautics Limited (HAL) and India's leading display-maker Samtel inked a pact on Monday to float a joint venture -- Samtel-HAL Display Systems Pvt Ltd -- for developing and manufacturing avionics display systems. HAL-Samtel would share the investment in the ratio of 40:60. 

Announcing this at a joint press conference held here in the presence of Mr. K.P.Singh, Secretary, Defence Production, Ministry of Defence, HAL Chairman Mr. Ashok K. Baweja and Samtel Chairman and Managing Director (CMD) Mr. Satish Kaura termed the JV as a significant step towards developing indigenous next-generation Multi-Functional Displays (MUDs), Head Up Displays (HUDs) and Helmet-Mounted Targeting Systems (HMTDs). The JV gains significance as it is the first public-private partnership in the area of defence avionics. 

The JV will take-off with the manufacture of MFDs and HUDs required for HAL's star programmes like the IJT, LCA and SU-30 MKI. It will later diversify into civil and industrial sector of Indian and international markets.

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