- Hindustan Aeronautics Limited (HAL) has been conferred the Outstanding Public Sector Undertaking (PSU) of the Year award.
- At the All India Management Association (AIMA) Managing India Awards ceremony, Hindustan Aeronautics Limited (HAL) received the Outstanding Public Sector Undertaking (PSU) of the Year award.
- The award was presented by Vice-President Jagdeep Dhankhar in Delhi on April 23.
- In the last financial year, HAL collected the highest-ever revenue of more than ₹29,810 crore from operations.
- It registered a double-digit growth of around 11% as against 9% in the previous financial year.
- It has maintained growth momentum and has achieved an all-round improved performance in diverse areas.
- All India Management Association (AIMA) was established in 1957. It is the apex body of the management profession in India.
- It works closely with industry, government, academia, and students to further the cause of the management profession in India.
Hindustan Aeronautics Limited
- HAL is one of the oldest and largest aerospace and defence manufacturers in the world.
- It was established in Bangalore on 23 December 1940 by Walchand Hirachand in association with the then Kingdom of Mysore.
- It is a government-owned corporation involved in the design, fabrication, and assembly of aircraft, jet engines, and helicopters.
- Its headquarters is located in Bangalore.