Hindustan Aeronautics Ltd has been conferred with the “Navratna” status by the GoI in June 2007 and is the largest DPSU in terms of the value of production according to the MoD Annual Report 2016-2017. It was the 39th largest aerospace company in the world in terms of revenue (in USD million) in 2016 according to Flight International. It is engaged in the design, development, manufacture, repair, overhaul, upgrade, and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories, and aerospace structures. Its operations are organized into five complexes, namely the Bangalore Complex, MiG Complex, Helicopter Complex, Accessories Complex, and Design Complex, which together include 20 production divisions and 11 research and design centers (“R&D Centres”) located across India. It relies on indigenous research as well as enter into technology transfer and license agreements to manufacture its products. In addition, it has entered into 13 commercial joint ventures to grow its operations.
- Increasing Sales.
- Increasing OPM.
- Manageable Debt.
- Near Monopoly business.
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