This 82 year old indigenous company made Light Combat Helicopter, earns 5 thousand crores profit

HAL is presently involved in the design and manufacturing of fighter jets, helicopters, jet engines and marine gas turbine engines, avionics, software development, spare supply, overhauling and upgradation of Indian military aircraft.

HAL made light combat helicopter (Photo-PTI)

Monday became a very memorable day for the history of the country. Own Air Force On Monday, the country-made Light Combat Helicopter i.e. LCH was included. This is the first time that such a strike helicopter made in the country was inducted into the army. The program of induction of LCH was organized in Jodhpur, Rajasthan in which Defense Minister Rajnath Singh attended. The role of Rajnath Singh is being considered very important for the development of defense equipment and weapons on a large scale in the country itself. Defense Minister Many important works have been taken forward in this direction. The most important thing is about the indigenous company which has manufactured LCH. The name of this company is Hindustan Aeronautics Limited ie HAL or HAL.

Let us know about HAL which has prepared Light Combat Helicopter for the Air Force. The entire work of making the helicopter has been done under the self-reliant India campaign. The government led by Prime Minister Narendra Modi has started the self-reliant India campaign, in which India has to be self-reliant in different areas. In the field of defense, this work is being increased very fast because India spends billions of rupees in this work. Self-reliant India campaign is being run to save this money from going abroad and to increase manufacturing and employment generation in India. In this direction, this campaign is proving to be very successful. LCH is also an example of that.

Company founded in 1940

Now the matter is HAL i.e. recent. This company was established in the year 1940. It has been 82 years since the company was formed. Hal is a government company that works in the field of aerospace and defence. The headquarter of the company is in Bangalore. Not only in India, it is a recent name in the whole world, which is one of the oldest largest aerospace-defense companies. HAL or HAL began manufacturing aircraft for the Indian Air Force in early 1942 with licensed production of the Harlow PC-5, Curtiss P-36 Hawk and Vulture A-31 Vengeance.

HAL currently has 11 Research and Development (R&D) centers and 21 manufacturing centers under 4 production units spread across India. HAL is managed through the Ministry of Defense, Government of India and overseen by a Board of Directors appointed by the President of India. HAL is presently involved in the design and manufacturing of fighter jets, helicopters, jet engines and marine gas turbine engines, avionics, software development, spare supply, overhauling and upgradation of Indian military aircraft.

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HAL’s entire business

HAL means the recent chairman and MD is R Madhavan. This company manufactures fighter aircraft and helicopters along with transport aircraft. According to a figure, the revenue of this company has been Rs 24,620 crore in the year 2022, which is equivalent to $ 3.1 billion in US currency. The operating income of the company is Rs 3,644 crore and the net income is Rs 5,084.87 crore. The total assets of this company are Rs 53,120.49 crore and total equity is Rs 85,000.12 crore. The ownership of the company is with the Government of India and the company has 28,345 employees. The figure of employees is up to the year 2019.