Maharatna Status Accorded to HAL

  • On 14th October, 2024, Hindustan Aeronautics Limited (HAL) was accorded the Maharatna status.
  • It became the 14th Central Public Sector Enterprises (CPSE) in India to receive this recognition.
  • Established on December 23, 1940, as Hindustan Aircraft Limited in Bangalore by visionary Walchand Hirachand, the company aimed to manufacture aircraft domestically.
  • The Government of India became a shareholder in 1941, assuming full management control in 1942.
  • HAL plays a crucial role in India's defence capabilities, focusing on self-reliance in military aviation.
  • The company's developments, like the Light Combat Aircraft (LCA) namely Tejas and the Light Utility Helicopter (LUH), are central to ....
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