India’s largest defence public-sector company Hindustan Aeronautics (HAL) has many things going for it.
The maker of the indigenous light combat aircraft or the Tejas will be the biggest beneficiary of rising defence budgets and the ‘Make in India’ programme, as 60 per cent of India’s defence-related requirements are currently met through imports. With the defence acquisition council clearing capital acquisitions to the tune of Rs 820 billion, the company’s products, which range from light combat aircraft to helicopters and trainers, stand to ...
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First Published: Thu, March 15 2018. 11:47 IST
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