Hindustan Aeronautics Limited

Hindustan Aeronautics Limited
Type	Public
Traded as	NSE: HAL; BSE: 541154;
Industry	Aerospace; Defence;
Founded	22 December 1940; 85 years ago; (as Hindustan Aircraft); 1964; 62 years ago; (Hindustan Aeronautics);
Founder	Walchand Hirachand
Headquarters	Bengaluru, Karnataka, India
Key people	D. K. Sunil (Chairman & MD)
Products	Transport aircraft; Fighter aircraft; Trainer aircraft; Helicopters;
Revenue	₹33,542 crore (US$4.7 billion) (2025)
Operating income	₹10,820 crore (US$1.5 billion) (2025)
Net income	₹8,364 crore (US$1.2 billion) (2025)
Total assets	₹106,266 crore (US$15 billion) (2025)
Total equity	₹34,985 crore (US$4.9 billion) (2025)
Owner	Government of India (71%)
Number of employees	24,457 (March 2023)
Website	hal-india.co.in
	Footnotes / references; Financials as of 31 March 2025.

Hindustan Aeronautics Limited (HAL) is an Indian public sector aerospace and defence company. Headquartered in Bengaluru, it is involved in the designing, manufacturing and overhaul of combat aircraft, helicopters, unmanned aerial vehicles, jet and turbine engines, avionics, and other hardware.^[6] HAL operates 11 dedicated research and development centres and 21 manufacturing divisions distributed across four production units.^[7] The company is majority-owned by the Indian government,^[8] and managed by a board of directors appointed by the Indian president through the Ministry of Defence.^[9]

Established on 23 December 1940 by Walchand Hirachand as Hindustan Aircraft Limited, the company is one of the oldest and largest aerospace and defence manufacturers in the world. The company began manufacturing aircraft in 1942 with licensed production of Harlow PC-5, Curtiss P-36 Hawk, and Vultee A-31 Vengeance for the Indian Air Force.^[7] The company started manufacturing jet engines in 1957 with the licensed production of Bristol Siddeley Orpheus engines. It was established as Hindustan Aeronautics Limited on 1 October 1964. The HF-24 Marut, a fighter-bomber manufactured by HAL in the late 1960s, was the first indigenous combat aircraft built in India.

Since the 1980s, HAL has been involved in the licensed production of various foreign aircraft, such as MiG-21, MiG-27, SEPECAT Jaguar, HS 748, Dornier 228, and Sukhoi Su-30MKI. The company is involved in the production of indigenous aircraft, including the HAL Tejas fighter, and HJT-16 Kiran trainer aircraft. It has developed various helicopters such as the Chetak, Cheetah, Dhruv, Rudra, Prachand, and Light Utility Helicopter. It has produced various jet and helicopter engines in coordination with Rolls Royce, GE Aviation, Klimov, NPO Saturn, Honeywell, and Turbomeca. HAL also manufactures spare parts for Airbus, Boeing, and GE Aviation.

History

Hindustan Aircraft Limited was established in Bangalore on 23 December 1940 by Walchand Hirachand in association with Jaya Chamaraja Wadiyar, the Maharaja of Mysore.^[10]

Hindustan Aeronautics Limited (HAL) was formed on 1 October 1964 (the Registrar of Companies has a registration date of 16 August 1963)^[11] when Hindustan Aircraft Limited joined the consortium formed in June by the IAF Aircraft Manufacturing Depot, Kanpur (at the time manufacturing HS748 under licence) and the group recently set up to manufacture MiG-21 under licence, with its new factories planned in Koraput, Nasik and Hyderabad.^[12] Though HAL was not used actively for developing newer models of fighter jets, except for the HF-24 Marut, the company has played a crucial role in modernisation of the Indian Air Force. In 1957, the company started manufacturing Bristol Siddeley Orpheus jet engines under licence at a new factory located in Bengaluru.

During the 1980s, HAL's operations saw a rapid increase, which resulted in the development of new indigenous aircraft such as the HAL Tejas and HAL Dhruv. HAL also developed an advanced version of the Mikoyan-Gurevich MiG-21, known as MiG-21 Bison, which increased its life-span by more than 20 years. HAL has also obtained several multimillion-dollar contracts from leading international aerospace firms such as Airbus, Boeing, and Honeywell to manufacture aircraft spare parts and engines.

By 2012, HAL was reportedly bogged down in the details of production and has been slipping on its schedules.^[13] On 1 April 2015, HAL reconstituted its Board with TS Raju as CMD, S Subrahmanyan as Director (Operations), VM Chamola as Director (HR), CA Ramana Rao as Director (Finance), and D K Venkatesh as Director (Engineering & R&D). There are two government nominees on the board and six independent directors.

In March 2017, HAL's chairman and managing director, T Suvarna Raju, announced that the company had finalised plans for an indigenisation drive. The company plans to produce nearly 1,000 military helicopters, including Kamov 226, LCH (Light Combat Helicopter), ALH (Advanced Light Helicopter), and over 100 planes over the next 10 years. HAL will manufacture the Kamov 226T helicopter under a joint venture agreement with Russian defence manufacturers. The Kamov 226T will replace the country's fleet of Cheetah and Chetak helicopters. Over the next 5 years, HAL will carry out major upgrades of almost the entire fighter fleet of the Indian Air Force, including Su-30MKI, Jaguars, Mirage, and Hawk jets, to make them "more lethal". The company will also deliver 123 Tejas Light Combat Aircraft to the IAF from 2018 to 2019, at a rate of 16 jets per year.^[14] LCH production will now take place in a newly built Light Combat Helicopter Production Hangar at Helicopter Division in HAL Complex.^[15]

In view of the Make in India policy and to increase the share of defence exports to achieve the target of $5 billion by 2025, HAL is planning to set up logistic bases in Indonesia, Malaysia, Sri Lanka and Vietnam with priority target for Southeast Asia, West Asia and North African markets. It would not only help to promote HAL products but also act as a service centre for Soviet/Russian origin equipment.^[16]

In October 2024, HAL was given Maharatna status, which allows the company to have more operational and financial autonomy.^[17] In 2025, HAL invited private Indian companies to enter into a joint venture for the production of the Advanced Medium Combat Aircraft, in which HAL would hold a 50% stake and four private companies would each hold a 12.5% stake.^[18]

In June 2025, the Indian Space Research Organization (ISRO) transferred the technology of the Small Satellite Launch Vehicle to HAL, which was the first time ISRO transferred the entire technology of a rocket to a single company, for which HAL paid ₹511 crore (US$72 million) to ISRO.^[19] Also in June 2025, HAL and Safran Aircraft Engines (SAE), a French aircraft engine manufacturing company, signed an agreement for HAL to manufacture rotating parts for SAE's LEAP engines.^[20]

Aero Engine Research and Development Centre

On 29 December 2023, Defence Secretary Giridhar Aramane opened a new design and testing facility at the HAL Aero Engine Research and Development Centre (AERDC) in Bengaluru. AERDC is involved in the development, testing and commercialisation of HAL's line of in-house aero-engines.^[21]^[22]

Operations

One of the largest aerospace companies in Asia, HAL has an annual turnover of over US$3 billion. More than 40% of HAL's revenues come from international deals to manufacture aircraft engines, spare parts, and other aircraft materials. A partial list of major operations undertaken by HAL includes the following:

International agreements

US$1 billion contract to manufacture aircraft parts for Boeing.^[23]
120 RD-33MK turbofan engines to be manufactured for MiG-29K by HAL for US$250 million.^[24]
Contract to manufacture 1,000 Honeywell TPE331 aircraft engines for Honeywell worth US$200,000 each (estimates put total value of deal at US$200 million).^[25]
US$120 million deal to manufacture Dornier 228 for RUAG of Switzerland.^[26]
Manufacture of aircraft parts for Airbus SAS worth US$150 million.^[27]
US$100 million contract to export composite materials to Israel Aerospace Industries.^[28]
US$65 million joint-research facility with Honeywell and planned production of Honeywell TPE331 engines.^[29]
US$50.7 million contract to supply Advanced Light Helicopter to Ecuadorian Air Force.^[30] HAL will also open a maintenance base in the country.^[31]
US$30 million contract to supply avionics for Malaysian Su-30MKM.^[32]
US$20 million contract to supply ambulance version of HAL Dhruv to Peru.
Contract of 3 HAL Dhruv helicopters for Turkey worth US$20 million.
US$10 million order from Namibia for HAL Chetak and Cheetah helicopters.^[33]
Supply of HAL Dhruv helicopters to Mauritius' National Police in a deal worth US$7 million.^[34]
Unmanned helicopter development project with Israel Aerospace Industries.^[35]
US$15 million contract for supplying steel and nickel alloy forgings to GE Aviation for its global military and commercial engine programmes.^[36]

Domestic agreements

221 Sukhoi Su-30MKI being manufactured at HAL's facilities in Nasik, Koraput and Bengaluru. The total contract, which also involves Russia's Sukhoi Aerospace, is worth US$3.2 billion.
200 HAL Light Combat Helicopters for the Indian Air Force and 500 HAL Dhruv helicopters worth US$5.83 billion.
US$900 million aerospace hub in Shamshabad, Telangana.^[37]
US$57 million upgrade of SEPECAT Jaguar fleet of the Indian Air Force.^[38]
US$55 million helicopter simulator training facility in Bengaluru in collaboration with Canada's CAE.^[39]
64 MiG-29s to be upgraded by HAL and Russia's MiG Corporation in a programme worth US$960 million.^[40]
Licensed production of 82 BAE Hawk 132.

Products

Indigenous products

Over the years, HAL has designed and developed several platforms like the HF-24 Marut,^[41] the Dhruv,^[42] the LUH,^[43] and the LCH.^[44] HAL also manufactures indigenous products with technology transferred from the DRDO, in association with Bharat Electronics for its avionics and Indian Ordnance Factories for the on-board weapons systems and ammunition.

HAL supplies ISRO the integrated L-40 stages for GSLV Mk II, propellant tanks, feed lines of PSLV, GSLV MKII and GSLV MKIII launch vehicles and structures of various satellites.^[45]

Agricultural aircraft

HA-31 Basant (1972–1980) (out of production)

Fighter aircraft

HAL HF-24 Marut — (retired) Mk.1 and Mk.1T (200+ built)
MBB/HAL HF-73 — (cancelled)
HAL Tejas — (in service) 4.5 generation light combat aircraft (LCA)
HAL Tejas MK2^[46] — 4.5+ generation Medium weight fighter (under development) 2025 first flight expected.
HAL TEDBF — Twin Engine Deck Based Fighter is 4.5+ generation fighter for Indian Navy's aircraft carriers (under development).^[47] HAL ORCA version for IAF planned.
Sukhoi/HAL FGFA — (cancelled) 5th generation fighter based on Sukhoi SU-57
AMCA (consultancy only)
- Mk.1: 5th generation stealth fighter (under development)
- Mk 2: 5.5th generation stealth fighter will operate in CATS {combat air teaming system}, a UCAV in the swarm will be equipped with a directed-energy weapon (planned).

Trainer aircraft

HT-2 — (1951–1990) First company design to enter production. Exported to Ghana. (retired)
HAL-26 Pushpak — (1958 to ~1960s) Basic trainer, based on Aeronca Chief. (out of production)
HJT-16 Kiran — (1964–1989) (in service) Mk1, Mk1A and Mk2 - Turbojet trainers scheduled to be replaced with HJT-36 Yashas^[48]
HPT-32 Deepak —(1984–2009) (retired) Basic trainer that was in service for more than three decades.
HTT-34 — (retired) Turboprop version of HPT-32 Deepak
HTT-35 (cancelled) — Proposed replacement for HPT-32 basic trainer in the early 1990s; not pursued
HJT-36 Yashas — Intermediate jet trainer (under development)
HJT 39 / CAT — Advanced jet trainer, developed into HLFT-42 (cancelled)
HTT-40 — Basic trainer (in production)^[49] prototype flew its first flight on 31 May 2016.^[50]
HLFT-42 — Proposed lead-in fighter trainer.^[51]

Passenger, transport, and utility aircraft

Saras, under joint development with thumb

Saras — of 14-19 seater capacity multi-purpose civilian light transport aircraft jointly developed with NAL.
Indian Regional Jet (IRJ) — (under development) of 70–100-seater capacity regional airliner to be jointly developed with NAL.

Helicopters

Dhruv — (in production) Advanced light helicopter
Rudra — (in production) Armed and reconnaissance version of Dhruv
Prachand — (in production) Light attack helicopter
Light Utility Helicopter — (in limited series production) Light utility helicopter
Indian Multi Role Helicopter — (under development) medium multi-role helicopter. Includes naval version.

Observation and reconnaissance aircraft

HAOP-27 Krishak (1959 to ~1975) (retired)— Based on HAL-26 Pushpak

Unmanned Aerial Vehicles

PTA Lakshya — (Target drone)
PTA Lakshya 2 — (Target drone)
Rustom — UAV family
- Rustom-1 — Short Range UAV TD
- Archer — Short Range UAV
- SRUAV-W — Short Range UCAV
- Archer-NG
- Rustom-H — MALE UAV TD
- TAPAS-BH-201 — MALE UAV
Nishant — Reconnaissance UAV
NRUAV — Unmanned rotorcraft
HAL Combat Air Teaming System (CATS)^[52]^[53]
- CATS Mothership for Air teaming Exploitation (MAX) — based on Tejas Mark 1A or SEPECAT Jaguar
- CATS Warrior
- CATS Air Launched Flexible Assets (ALFA) — Unmanned carrier and launcher of weaponized swarm drone ALPHA-S.^[54]
- CATS Hunter — Modular multi-purpose weapon carrying system
- CATS Infinity — High altitude solar powered atmospheric satellite^[55]

Gliders

G-1 — HAL's first original design, dating from 1941. Only one was built.
RG-1 Rohini
Ardhra — training glider

Engines

Cryogenic Rocket Engine

CE-7.5 — cryogenic rocket engine (in production, used on GSLV Mk.II Cryogenic upper stage CUS15)
CE-20 — cryogenic rocket engine^[56] (in production, used on C25 upperstage of LVM-3)

Turboshaft Engine

Shakti — a turboshaft engine for HAL Dhruv Helicopter, co-developed with Safran Helicopter Engines based on Safran Ardiden 1 ( in production and used on LUH, Dhruv, Rudra, Prachand )
Aravalli—a turboshaft engine for the HAL IMRH and HAL DBMRH. Co-produced with SAFHAL, a joint venture with Safran Helicopter Engines.^[57]^[58]^[59] (under development)
HTSE-1200 — a turboshaft engine can be used as engine alternatives for the HAL-developed LUH, Dhruv, Rudra and Prachand helicopters^[60] (under development)

Turbojet Engine

Hindustan Jet Engine (HJE-2500) (retired)^[61]
PTAE-7 — (in service) For indigenously designed Lakshya PTA

Turbofan Engine

GTX-35VS Kaveri — a turbofan engine can be used in HAL-developed Tejas and AMCA, co-developed with GTRE of (DRDO) and Safran Aircraft Engines (under development)
HTFE-25 — a turbofan engine can be used in single engine trainer jets, business jets and UAVs weighing up to 5 tonnes and in twin engine configuration for same weighing up to 9 tonnes^[62] (under development)

Rockets

SSLV (Active): Technology Transfer from ISRO. To be built in partnership with L&T.^[63]^[64]