HAL records highest turnover over of Rs 15,480 cr ($ 2.5 Billion)

[Brahma Bull]

HAL records highest turnover over of Rs 15,480 cr ($ 2.5 Billion)
CMD Raju says CAPEX target of Rs 900 cr achieved
Plane-maker Hindustan Aeronautics Ltd (HAL) on Thursday claimed that it has recorded the highest ever turnover of Rs 15,480 crore (provisional) for the financial year 2014-15.

Key highlights during FY 2014-15

• LCA Tejas so far completed 2871 flights out of which 364 were carried out during the year.
• Naval variant of LCA completed 43 flights so far out of which 24 flights were done during the year.
• Critical design review for Mirage 2000 upgrade completed.
• Detail design of the core engine Hindustan Turbo Fan Engine-25 (HTFE-25) completed.
• First ROH SU-30 MKI aircraft and first series production Tejas handed over to IAF.
• Received order for 14 Do-228 aircraft.
• 814 patent applications were filed taking the total to 1094 till March 31, 2015.
• Jinxed IJT completes 1,000 sorties
  
  HAL's jinxed Intermediate Jet Trainer (IJT) too surpassed the milestone of cumulative 1000 sorties during the period. The Company has been battling with the project for the last many years with no real solution in sight.
  
  
  
  
  
  HAL records highest turnover of Rs 15,480 crore - Oneindia

 

[The_Sidewinder]

Heartwarming to see that.

 

[livingdead]

its all sold to govt so whats the big deal?

 

[shree835]

HAL Need to improve a lot... For that I believe Privatization is must.

 

[Abingdonboy]

its all sold to govt so whats the big deal?

Well that is $2.5 billion not flow out of India.

 

[Brahma Bull]

its all sold to govt so whats the big deal?

Well generally imported products are way costlier than locally produced HAL products

 

[Chanakya's_Chant]

its all sold to govt so whats the big deal?

HAL maintains an impressive export profile as well - Post #1 to #3

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