Hindustan Aeronautics Ltd
Hindustan Aeronautics Ltd Company History
Hindustan Aeronautics 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.
1964
Hindustan Aircraft Limited was amalgamated with the company pursuant to the order of the Company Law Board dated September 28, 1964
1964
1970
Company established the Helicopter factory at Bangalore
1970
1983
Company established the Korwa Division for Advanced Avionics at Korwa, Uttar Pradesh
1983
1998
Company established the Industrial and Marine Gas Turbine Division for aeroderivative gas turbines and industrial engines at Bangalore
1998
2000
Company established the Airport Service Centre at Bangalore
2000
2006
Company upgraded the Barrackpore Branch Factory to a Division
2006
2008
Company created a separate Helicopter Complex
2008
2015
Restructuring of all R&D Centres under Design Complex
2015
2016
Upgradation of the Korwa branch of Aerospace Systems and Equipment Research and Design Centre to an R&D Centre
100% subsidiary of the company, Naini Aerospace Limited, incorporated on December 29, 2016
2016
2017
A subsidiary of the company, Indo-Russian Helicopters Limited, initially formed as a joint venture by a Shareholders Agreement dated October 15, 2016, incorporated
on May 2, 2017
2017
2018
Hindustan Aeronautics today launched an initial public offer to raise up to Rs 4,230 crore, through which government will divest up to 20.20 per cent in the Maharatna company.
IEI Industry Excellence Award 2018 for demonstrating highest order of Business Excellence.
ÂMake in India Excellence for UDANÂ Award during ÂAero MRO India 2018Â.
2018
2019
Governance Now 7th PSU award for ÂResearch and Innovation category for the year 2019.
HAL places order with Thales for 2.75-inch rocket launchers to equip Indian armed forces.
2019
2020
HAL inks pact with Israeli firm to develop UAV.
HAL Produced FOC Standard LCAs Join IAF Stable.
2020
2021
Awarded first rank (Gold Category) by Government eMarketplace (GeM) of Ministry under CPSE category for the order volume placed by HAL through the GeM portal during the year 2020-21.
IEI Industry Excellence Award 2021 by virtue of demonstrating a higher order of business excellence.
2021
2022
HAL Signs Contract for Export of ALH to Mauritius.
HAL and Safran Sign Strategic MoU during Ground-Breaking Ceremony of HE-MRO at Goa.
HAL and Israel Aerospace Industries Sign MoU for MMTT.
HAL Signs Contract with Nigerian Army for Phase II Training on Chetak Helicopter.
HAL Signs Contract Worth Over $100 Million with Honeywell for HTT-40 Engines.
2022
2023
Hindustan Aeronautics to collaborate with GA-ASI.
The Company has splits its face value from Rs. 10/- to Rs. 5/-.
2023