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Hindustan Aeronautics Ltd Aircraft Division

Question

Hi buddy I want to know in which year Hindustan Aeronautics Ltd Aircraft Division was set up along with brief profile of Hindustan Aeronautics Ltd company ??

Answer

Hindustan Aeronautics Limited (HAL) is an Indian state-owned aerospace and defence company based in Bangalore, Karnataka.

As you asking I am telling Hindustan Aeronautics Ltd Aircraft Division was established in the year 1940. Since inception, the Division has manufactured a variety of Aircraft both licience as well as indigenously designed and developed.

Bank profile:

Type State-owned enterprise

Industry Aerospace and Defence

Founded 1940; 77 years ago

(As Hindustan Aircraft)

1964; 53 years ago

(Renamed Hindustan Aeronautics)

Headquarters Bangalore, Karnataka, India

Key people Shri T. Suvarna Raju (Chairman and Managing director)[1]

Products Transport aircraft

Fighter aircraft

Helicopters

Revenue 17,406 crore (US$2.7 billion)[2] (2016/17)

Operating income 3,294 crore (US$510 million) (2016/17)

Net income 26.925169 billion (US$420 million)(2014)

Total assets 638.984194 billion (US$10 billion) (2014)

Total equity 150.146363 billion (US$2.3 billion) (2014)

Number of employees 32108[3] (March, 2014)

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