Hindustan Aeronautics Limited

Indian aerospace manufacturing company

Hindustan Aeronautics Limited

Company type| Public

Traded as

* NSE: HAL
* BSE: 541154

Industry|

* Aerospace
* Defence

Founded|

* 22 December 1940; 84 years ago (1940-12-22)
(as Hindustan Aircraft)
* 1964; 61 years ago (1964)
(Hindustan Aeronautics)

Headquarters|

Bengaluru, Karnataka

India[1]

Key people

| DK Sunil (Chairman & MD)
Products|

* Transport aircraft
* Fighter aircraft
* Trainer aircraft
* Helicopters

Revenue|  ₹33,542 crore (US$4.0 billion) (2025)

Operating income

|  ₹10,820 crore (US$1.3 billion) (2025)

Net income

|  ₹8,364 crore (US$990 million) (2025)
Total assets|  ₹106,266 crore (US$13 billion) (2025)
Total equity|  ₹34,985 crore (US$4.1 billion) (2025)
Owner| Government of India (71.65%)[2][3]

Number of employees

| 24,457 (March 2023)[4]
Website| hal-india.co.in
Footnotes / references
Financials as of 31 March 2025[update].[5]

Hindustan Aeronautics Limited (HAL) is an Indian public sector aerospace and defence company, headquartered in Bengaluru. Established on 23 December 1940, HAL is one of the oldest and largest aerospace and defence manufacturers in the world.[6] HAL began aircraft manufacturing as early as 1942 with licensed production of Harlow PC-5, Curtiss P-36 Hawk and Vultee A-31 Vengeance for the Indian Air Force.[6] HAL currently has 11 dedicated Research and development (R&D) centres and 21 manufacturing divisions under 4 production units spread across India.[6] HAL is managed by a board of directors appointed by the President of India through the Ministry of Defence, Government of India.[7] In 2024, the company was given Maharatna status.[8] HAL is currently involved in the designing and manufacturing of fighter jets, helicopters, jet engine and marine gas turbine engine, avionics, hardware development, spares supply, overhauling and upgrading of  Indian military aircraft.[9]

The HAL HF-24 Marut fighter-bomber was the first indigenous fighter aircraft made in India.

## History

[edit]

Workers check new  fuel tanks during World War II

HAL was established as Hindustan Aircraft Limited in Bangalore (now called Bengaluru) on 23 December 1940 by Walchand Hirachand in association with Krishna Raja Wadiyar IV of Kingdom of Mysore.[10] Walchand Hirachand became chairman of the company. The company's office was opened at a bungalow called "Eventide" on Domlur Road.

The organisation and equipment for the factory at Bengaluru was set up by William D. Pawley of the Intercontinental Aircraft Corporation of New York. Pawley obtained a large number of machine-tools and equipment from the United States.

The Mysore Kingdom bought a one-third stake in the company until April 1941 by investing ₹25 lakh as it believed this to be a strategic imperative. The decision by the government was primarily motivated to boost British military supplies in Asia to counter the increasing threat posed by Imperial Japan during Second World War. The Kingdom of Mysore supplied two directors, Air Marshal John Higgins was resident director. The first aircraft built was a Harlow PC-5.[11] On 2 April 1942, the government announced that the company had been nationalised when it bought out the stakes of Seth Walchand Hirachand and other promoters so that it could act freely. The Mysore Kingdom refused to sell its stake in the company but yielded the management control over to the British Indian Government.

In 1943 the Bengaluru factory was handed over to the United States Army Air Forces but still using Hindustan Aircraft management. The factory expanded rapidly and became the centre for major overhaul and repair of American aircraft and was known as the 84th Air Depot. The first aircraft to be overhauled was a Consolidated PBY Catalina followed by every type of aircraft operated in India and Burma. When returned to Indian control two years later the factory had become one of the largest overhaul and repair organisations in the East. In the post war reorganisation the company built railway carriages as an interim activity.

IJT prototype in its hangar

After India gained independence in 1947, the management of the company was passed over to the Government of India.

The total number of broad-gauge coaches manufactured by the Hindustan Aircraft Limited during the year 1954 is 158. [12]

Hindustan Aeronautics Limited (HAL) was formed on 1 October 1964 (the Registrar of Companies has a registration date of 16 August 1963)[13] 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.[14] 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 new factory located in Bengaluru.

Production line of the HAL Dhruv at 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.[15] 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 in the board and six independent directors.

Light Combat Helicopter induction into the Indian Army

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.[16] LCH production will now take place in a newly built Light Combat Helicopter Production Hangar at Helicopter Division in HAL Complex.[17]

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 service centre for Soviet/Russian origin equipment.[18]

In October 2024, HAL was given Maharatna status, which allows the company to have more operational and financial autonomy.[19] 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.[20]

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$60 million) to ISRO.[21] 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.[22]

### Aero Engine Research and Development Centre

[edit]

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. The engine development projects undertaken by AERDC include:[23][24]

1. PTAE-7 engine, the first indigenous turbojet engine of India. Application: Lakshya target drone.
2. Hindustan Turbo Fan Engine-25 (HTFE-25). Application on trainers, unmanned aerial vehicles (UAVs), twin-engine small fighter aircraft. Facility has two test beds for HTFE-25.
3. Hindustan Turbo Shaft Engine-1200 (HTSE-1200). Application on light and medium-weight helicopters (3.5 to 6.5 tonne-class; single/twine engine configuration) including HAL Dhruv, HAL Rudra, HAL Prachand and HAL LUH. Facility has one test bed for HTSE-1200.
4. Aravalli Engine. Application on Indian Multi Role Helicopter. Development by a joint venture including AERDC and Safran Helicopter Engines — SAFHAL Helicopter Engines.

## Operations

[edit]

One of the largest aerospace companies in Asia, HAL has 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

[edit]

HAL Dhruv helicopters of the Ecuadorian Air Force in 2009 Aero India An IAF BAe Hawk being licence-produced at the HAL Hawk production facility in Bengaluru

* US$1 billion contract to manufacture aircraft parts for Boeing.[25]
* 120 RD-33MK turbofan engines to be manufactured for MiG-29K by HAL for US$250 million.[26]
* 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).[27]
* US$120 million deal to manufacture Dornier 228 for RUAG of Switzerland.[28]
* Manufacture of aircraft parts for Airbus SAS worth US$150 million.[29]
* US$100 million contract to export composite materials to Israel Aerospace Industries.[30]
* US$65 million joint-research facility with Honeywell and planned production of Honeywell TPE331 engines.[31]
* US$50.7 million contract to supply Advanced Light Helicopter to Ecuadorian Air Force.[32] HAL will also open a maintenance base in the country.[33]
* US$30 million contract to supply avionics for Malaysian Su-30MKM.[34]
* 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.[35]
* Supply of HAL Dhruv helicopters to Mauritius' National Police in a deal worth US$7 million.[36]
* Unmanned helicopter development project with Israel Aerospace Industries.[37]
* US$15 million contract for supplying steel and nickel alloy forgings to GE Aviation for its global military and commercial engine programmes.[38]

### Domestic agreements

[edit]

* 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.[39]
* US$57 million upgrade of SEPECAT Jaguar fleet of the Indian Air Force.[40]
* US$55 million helicopter simulator training facility in Bengaluru in collaboration with Canada's CAE.[41]
* 64 MiG-29s to be upgraded by HAL and Russia's MiG Corporation in a programme worth US$960 million.[42]
* Licensed production of 82 BAE Hawk 132.

## Indigenous products

[edit]

HAL Tejas

Over the years, HAL has designed and developed several platforms like the HF-24 Marut,[43] the Dhruv,[44] the LUH,[45] and the LCH.[46] 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.[47]

### Agricultural aircraft

[edit]

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

### Fighter aircraft

[edit]

HF-24 Marut

* 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[48] — 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).[49] HAL ORCA version for IAF planned.
* Sukhoi/HAL FGFA — (cancelled) 5th generation fighter based on Sukhoi SU-57
* AMCA (only helping)
* Mk.1: 5th generation stealth fighter (under development)
* Mk.2: 5.5th generation stealth fighter ( it will operate in CATS {combat air teaming system}, a UCAV in the swarm will be equipped with a directed-energy weapon) (planned).

### Trainer aircraft

[edit]

HAL HTT-40 Basic training aircraft Hindustan HJT-36 Sitara Intermediate jet trainer

* 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[50]
* 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)[51] first prototype flew its first flight on 31 May 2016.[52]
* HLFT-42 — Proposed lead-in fighter trainer.[53]

### Passenger, transport and utility aircraft

[edit]

Saras, under joint development with National Aerospace Laboratories

* 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

[edit]

HAL Dhruv of Indian Navy  Formation flight of three HAL Rudras of Indian Air Force HAL Prachand of No. 143 Helicopter Unit, IAF.

* 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

[edit]

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

### Unmanned aerial vehicles

[edit]

* 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)[54][55]
* 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.[56]
* CATS Hunter — Modular multi-purpose weapon carrying system
* CATS Infinity — High altitude solar powered atmospheric satellite[57]

### Gliders

[edit]

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

### Engines

[edit]

GTX-35VS Kaveri prototype testing

#### Cryogenic Rocket Engine

[edit]

CE-20 cryogenic rocket engine. It is the most powerful upper-stage Cryogenic engine operational today.

* CE-7.5 — cryogenic rocket engine (in production, used on GSLV Mk.II Cryogenic upper stage CUS15)
* CE-20 — cryogenic rocket engine[58] (in production, used on C25 upperstage of LVM-3)

#### Turboshaft Engine

[edit]

* 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.[59][60][61] (under development)
* HTSE-1200 — a turboshaft engine can be used as engine alternatives for the HAL-developed LUH, Dhruv, Rudra and Prachand helicopters[62] (under development)

#### Turbojet Engine

[edit]

HAL HJE-2500 Engine at HAL Museum. Built in 1965, it was the first turbojet engine built by HAL

* Hindustan Jet Engine (HJE-2500) (retired)[63]
* PTAE-7 — (in service) For indigenously designed Lakshya PTA

#### Turbofan Engine

[edit]

* 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[64] (under development)

## Licensed production

[edit]

### Fighter aircraft

[edit]

HAL made Su-30MKI HAL made Jaguar

* De Havilland Vampire — (retired) first combat jet manufactured by HAL, 250+ FB.52, 60 T.55 models[65]
* Folland Gnat — (retired) Over 175 manufactured by HAL.
* HAL Ajeet —(retired) improved version of the Folland Gnat, 89 manufactured by HAL
* Mikoyan-Gurevich MiG-21 —(Out of production) FL, M, Bis and UPG upgrades variants 660 manufactured in Aircraft Manufacturing Division, Nasik
* Mikoyan-Gurevich MiG-27 —(retired) A total of 150 ML variant were manufactured in Aircraft Manufacturing Division, Nasik
* SEPECAT Jaguar — (Out of production) IS, IB and IM variants (89 IS, 27 IB and 12 IM variants built)
* Sukhoi Su-30MKI — (In Service) a derivative of the Sukhoi Su-30 (272 delivered, 12 on order). Manufactured in Aircraft Manufacturing Division, Nasik

### Trainer aircraft

[edit]

* Harlow PC-5 — first aircraft assembled by HAL
* Percival Prentice — 66 built by HAL
* BAE Hawk Mk 132 — The type and its engines are produced under license; proposed to be developed into Hawk-i fighter - trainer aircraft.[66]

### Passenger, transport and utility aircraft

[edit]

* HS 748 Avro — (being retired) modified for military usage, includes Series 2M variant with large freight door. Produced at Transport Aircraft Division, Kanpur.
* Dornier 228 — (under production) 117 built with additional fuselage, wings and tail unit for production of the upgraded Dornier 228 NG variant. Sometimes referred to as HAL 228. Several variants including Maritime Surveillance and Utility version under production in at Transport Aircraft Division.

### Helicopters

[edit]

* Aerospatiale SA 315B Lama — HAL Cheetah, Lancer, Cheetal Variants
* Aerospatiale SA 316B Alouette III — HAL Chetak, Chetan Variants

### Engines

[edit]

#### Turbofan Engines

[edit]

* Rolls-Royce Turbomeca Adour Mk 811 — Engine for SEPECAT Jaguar, produced under licence in Engine Division Bangalore
* Rolls-Royce Turbomeca Adour Mk 871 — Engine for BAE Hawk Mk 132, produced under licence in Engine Division Bangalore
* Garrett TPE331-5 — Engine for Dornier 228, produced under licence in Engine Division Bangalore
* Saturn AL-31FP — Engine for Sukhoi Su-30MKI, produced under licence in Sukhoi Engine Division Koraput
* Klimov RD-33MK — Engine for Mikoyan MiG-29, produced under licence in Engine Division Koraput
* Tumansky R-25 — Engine for Mikoyan-Gurevich MiG-21, produced under licence in Engine Division Koraput
* F414-GE-INS6 — Engine for HAL Tejas Mk2, HAL TEDBF and HAL AMCA Mk1, negotiations for licensed production underway. Production in new facility in Bangalore.[67]

#### Turboshaft Engine

[edit]

* Turbomeca TM 333 — Engine for HAL Dhruv Mk 1/2 and HAL Cheetal, produced under licence in Engine Division Bangalore

## Notable people

[edit]

* Kota Harinarayana (b. 1943), president of the Aeronautical Society of India and chief designer of HAL Tejas
* Kurt Tank (1898–1983), German aeronautical engineer, designed Hindustan Marut fighter-bomber
* Roddam Narasimha (1933–2020), aerospace scientist and fluid dynamicist
* Vishnu Madav Ghatage (1908–1991), one of the pioneers of Indian aeronautics

## See also

[edit]

* Companies portal

* HAL Aerospace Museum
* Pragati Aerospace Museum
* Defence Research and Development Organisation
* HAL Airport
* Indian Space Research Organisation
* Central Aircraft Manufacturing Company
* Hindustan Aeronautics Limited SC
* National Aerospace Laboratories
* Mahindra Aerospace
* Tata Advanced Systems
* Aeronautical Development Agency
* HAL SC

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[edit]

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51. ^ "Parrikar: 68 basic trainer aircraft to come from HAL, 38 from Pilatus". The Indian Express. 1 March 2015. Archived from the original on 1 March 2015.
52. ^ "HAL-built HTT-40's first flight successful". www.oneindia.com. 31 May 2016. Archived from the original on 1 June 2016. Retrieved 1 June 2016.
53. ^ Thakur, Aksheev (13 February 2023). "HLFT-42 to transform training of Indian Air Force pilots: HAL officials". The Indian Express. Archived from the original on 14 February 2023. Retrieved 14 February 2023.
54. ^ Parakala, Akshara (5 February 2021). "Aero India 2021: HAL's loyal wingmen break cover". Janes. Archived from the original on 7 June 2021. Retrieved 15 February 2021.
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58. ^ "HAL to produce cryogenic engines for ISRO". Archived from the original on 9 May 2021. Retrieved 9 May 2021.
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67. ^ Pubby, Manu (10 August 2024). "Technical, price bids submitted in fighter jet engine deal with US". The Economic Times. ISSN 0013-0389. Retrieved 12 August 2024.

## External links

[edit]

Wikimedia Commons has media related to Hindustan Aeronautics Limited.

* Official website
* Ready to roll: HAL offers its light combat helicopter to Indian Air Force

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Hindustan Aeronautics Limited

Products|

* DRDO Lakshya
* GTRE GTX-35VS Kaveri
* HAL HTFE-25
* HAL/Turbomeca Shakti
* IAI-HAL NRUAV

Facilities|

* HAL Aerospace Museum
* HAL Bangalore Airport

Related|

* Timeline of HAL Tejas

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Hindustan Aeronautics Limited (HAL) aircraft

Indigenous|

| Manufacturer designations|

* G-1
* HA-31
* HAOP-27
* HF-24
* HPT-32
* HJT-16
* HJT-36
* HT-2
* HUL-26
* HTT-40
* HJT 39

|

Light aircraft|

* Basant
* Krishak
* Pushpak

Trainers|

* Deepak
* Kiran
* Sitara
* HT-2

Fighter aircraft|

* Ajeet
* AMCA*
* Marut
* TEDBF*
* Tejas
* Tejas Mk2*

Helicopters|

* Dhruv
* Rudra
* Prachand
* LUH*
* MLH*

Transporters|

* RTA*
* Saras*

Gliders|

* Ardhra
* G-1

UAVs|

CATS Warrior*

Jointly developed|

| Fighter aircraft|

* Su-30MKI
* Sukhoi/HAL FGFA*

|

UAVs|

HAL RUAV-200*

Under license|

| Fighter aircraft|

* Jaguar
* MiG-21
* MiG-27
* Gnat

|

Helicopters|

* Cheetah
* Chetak

Transporters|

* Dornier 228
* HS 748

Trainers|

* PC-5A
* Prentice
* Hawk

(*) are under development

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Public sector undertakings in India (list)

Maharatna|

| Energy|

* Bharat Petroleum
* Coal India
* GAIL
* Hindustan Petroleum
* Indian Oil
* NTPC Limited
* ONGC
* Power Grid

|

Financial services|

* Power Finance Corporation
* REC

Defence|

* Hindustan Aeronautics

Engineering|

* BHEL

Metals|

* SAIL

Navratna|

| Defence|

* Bharat Electronics

|

Energy & metals|

* National Aluminium Company
* National Mineral Development Corporation
* Neyveli Lignite Corporation
* Oil India
* Rashtriya Ispat Nigam

EPC|

* Engineers India
* National Buildings Construction Corporation

Logistics|

* Container Corporation of India
* Shipping Corporation of India

Telecommunications|

* Mahanagar Telephone Nigam

Miniratna-I|

| Energy, metals
& mining|

* Bharat Coking Coal
* Balmer Lawrie
* Central Coalfields
* Central Mine Planning and Design Institute
* Chennai Petroleum Corporation
* Hindustan Copper
* Indian Renewable Energy Development Agency
* Indian Rare Earths
* Kudremukh Iron Ore Company
* Mahanadi Coalfields
* MOIL
* Mangalore Refinery and Petrochemical
* Mineral Exploration Corporation
* National Hydroelectric Power Corporation
* Northern Coalfields
* North Eastern Electric Power Corporation
* Numaligarh Refinery
* ONGC Videsh
* SJVN
* South Eastern Coalfields
* THDC
* Western Coalfields

|

Defence & space|

* Antrix Corporation
* Bharat Dynamics
* Bharat Earth Movers
* Cochin Shipyard
* Garden Reach Shipbuilders and Engineers
* Goa Shipyard
* Mazagon Dock
* Mishra Dhatu Nigam
* Pawan Hans

Media & telecom|

* BSNL
* Hindustan Newsprint
* Hindustan Paper Corporation
* Railtel
* Telecommunications Consultants India

Logistics & transport|

* Airports Authority of India
* Central Warehousing Corporation

EPC & infrastructure|

* Bridge & Roof Company
* HUDCO
* Ircon International
* Kamarajar Port
* National Projects Construction Corporation
* Projects and Development India
* Rail Vikas Nigam
* RITES
* WAPCOS

Trading|

* Cotton Corporation of India
* India Trade Promotion Organisation
* Metals and Minerals Trading Corporation of India
* MSTC

Tourism & hospitality|

* HSCC (India)
* India Tourism Development Corporation
* IRCTC

Agriculture|

* National Fertilizers
* National Seed Corporation
* Rashtriya Chemicals & Fertilizers

Other|

* Educational Consultants India
* HLL Lifecare
* Indian Railway Finance Corporation
* National Small Industries Corporation
* Security Printing and Minting Corporation of India

Miniratna-II|

* Artificial Limbs Manufacturing Corporation of India
* Bharat Pumps & Compressorsl
* Broadcast Engineering Consultants India
* Central Railside Warehouse Company
* Engineering Projects (India) Limited
* FCI Aravali Gypsum and Minerals (India)
* Ferro Scrap Nigam
* HMT Limited
* Indian Medicines and Pharmaceuticals Corporation
* MECON
* National Film Development Corporation of India
* Rajasthan Electronics and Instruments

Finance|

| Banks|

* Bank of Baroda
* Bank of India
* Canara Bank
* Central Bank of India
* Indian Bank
* Indian Overseas Bank
* Punjab & Sind Bank
* Punjab National Bank
* State Bank of India
* UCO Bank
* Union Bank of India

|

Insurance|

| Agriculture|

* Agriculture Insurance Company of India

|

General|

* National Insurance Company
* New India Assurance
* Oriental Insurance
* United India Insurance Company

Life|

* Life Insurance Corporation of India

Health|

* Employees' State Insurance

Reinsurance|

* GIC Re

State govt.
enterprises|

* Kerala
* Tamil Nadu
* Jammu & Kashmir Bank

Other|

* Advanced Weapons and Equipment India
* Armoured Vehicles Nigam Limited
* BHAVINI
* Cement Corporation of India
* Dredging Corporation of India
* Electronics Corporation of India
* Food Corporation of India
* Gliders India Limited
* Hindustan Shipyard
* India Optel Limited
* Munitions India Limited
* Nuclear Power Corporation of India
* Troop Comforts Limited
* Uranium Corporation of India
* Yantra India Limited

l - liquidated
Information updated as of January, 2020 by Department of Public Enterprises • See also Public sector banks in India

* v
* t
* e

Walchand group

Walchand group

Divisions &
subsidiaries|

| Current|

* Hindustan Construction Company
* Walchandnagar Industries Limited
* Ravalgaon Sugar Farms Limited
* Indian Hume Pipe Co Limited
* Acrow India Limited

|

Former|

* Hindustan Shipyard Limited
* Hindustan Aeronautics Limited
* Oriental Insurance Co.
* Mysore Petrochemicals Limited
* Cooper Engineering Limited
* Premier Automobiles Limited

Defunct|

* Premier Construction Limited
* The Scindia Steam Navigation Company Ltd.
* Bombay Steam Navigation Company
* Studio Walchand

Institutions|

* Walchand Institute of Technology
* Walchand College of Engineering, Sangli

People|

| Current|

* Ajit Gulabchand

|

Former|

* Sharayu Daftary
* Gulabchand Hirachand
* Lalchand Hirachand
* Ratanchand Hirachand
* Walchand Hirachand

Category

Authority control databases

International|

* ISNI
* VIAF

National|

* United States

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