name hindi type state owned enterprise industry aerospace and defence founded 1940 as hindustan aircraft 1964 renamed hindustan aeronautics headquarters bangalore karnataka india key people t suvarna raju chairman and ceo products transport aircraft fighter aircraft helicopters revenue 177.532614 billion us 2.6 billion 1 2014 net income 26.925169 billion us 400 million 1 2014 total assets 638.984194 billion us 9.5 billion 1 2014 total equity 150.146363 billion us 2.2 billion 1 2014 number of employees 32108 1 march 2014 website www.hal india.com hindustan aeronautics limited hindi ; iast hindust n eronaw iks limi e hal ; is an indian state owned aerospace and defence company based in bangalore karnataka . it is governed under the management of the indian ministry of defence . the government owned corporation is primarily involved in the operations of the aerospace industry . these include manufacturing and assembly of aircraft navigation and related communication equipment and airports operation . hal built the first military aircraft in south asia . it is currently involved in the design fabrication and assembly of aircraft jet engines helicopters and their spare parts . it has several facilities spread across india . the locations where the manufacturing plants are operated by hal include nasik korwa kanpur koraput lucknow bangalore and hyderabad . the german engineer kurt tank designed the hf 24 marut fighter bomber the first fighter aircraft made in india . hindustan aeronautics has a long history of collaboration with several other international and domestic aerospace agencies such as airbus boeing lockheed martin sukhoi aviation corporation elbit systems israel aircraft industries rsk mig bae systems rolls royce plc dassault aviation mbda eads tupolev ilyushin design bureau dornier flugzeugwerke the indian aeronautical development agency and the indian space research organisation . contents 1 history 2 operations 2.1 international agreements 2.2 domestic agreements 3 in house developed products 3.1 agricultural aircraft 3.2 fighter aircraft 3.3 helicopters 3.4 engines 3.5 trainer aircraft 3.6 observation and reconnaissance aircraft 3.7 transport and passenger aircraft 3.8 utility aircraft 3.9 gliders 3.10 unmanned aerial vehicles 4 notable people 5 licensed production 6 gallery 7 see also 8 references 9 external links history edit production line of the hal dhruv at bangalore hal was established as hindustan aircraft in bangalore in 1940 on 23 dec 1940 . hindustan aircraft company was duly incorporated under the mysore companies act as a private ltd company . walchand tulsidas khatau ltd was the managing agency.it first directors were mr. walchand hirachand chairman mr.tulsidas khilachand mr.dharmsey mularaj khatau mr.a.n.raghavachar mysore state representative mr.venkatanaranappa mysore state representative . company s office was opened at a bungalow called eventide on domlur road.the initiative was actively encouraged by the kingdom of mysore especially by its young maharaja h.h.jayachamarajendra wadiyar and the diwan sir mirza ismail.walchand had fist approached share holders of his own company the scindia steam navigation company ltd for diversifying but was refused . then he wrote to the rulers of baroda gwalior and bhavanagar without success . only maharaja of mysore responded favorably by agreeing to invest 25 lakhs and gave initial 700 acres of land free . the organisation and equipment for the factory at bangalore was set up by william d pawley of the intercontinental aircraft corporation of new york who had already established central aircraft manufacturing company camco in partnership with chinese nationalist government in china . pawley managed to obtain a large number of machine tools and equipment from the united states . the indian government bought a one third stake in the company and by april 1941 by investing 25 lakhs as it believed this to be a strategic imperative . the decision by the government was primarily motivated to boost british military hardware 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 2 on 2 april 1942 the government announced that the company had been nationalised when it had 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 indian government . in 1943 the bangalore 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 . hindustan aeronautics limited hal was formed on 1 october 1964 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 . 3 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 company started manufacturing bristol siddeley orpheus jet engines under licence at new factory located in bangalore . 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 been bogged down in the details of production and has been slipping on its schedules . 4 on 1 april 2015 hal reconstituted its board with mr. ts raju as cmd mr. s subrahmanyan as director operations mr. vm chamola as director hr ca ramana rao as director finance and mr. d k venkatesh as director engineering & r & d . there are two govt . nominees in the board and six independent directors . operations edit one of the largest aerospace companies in asia hal has annual turnover of over us 2 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 bangalore the us 35 billion fifth generation fighter jet programme with the sukhoi corporation of russia . 5 6 us 1 billion contract to manufacture aircraft parts for boeing . 7 multi role transport aircraft project with ilyushin of russia worth us 600 million . 8 120 rd 33mk turbofan engines to be manufactured for mig 29k by hal for us 250 million . 9 contract to manufacture 1 000 tpe331 aircraft engines for honeywell worth us 200 000 each estimates put total value of deal at us 200 million . 10 us 120 million deal to manufacture dornier 228 for ruag of switzerland . 11 manufacture of aircraft parts for airbus sas worth us 150 million . 12 us 100 million contract to export composite materials to israel aircraft industries . 13 us 65 million joint research facility with honeywell and planned production of garrett tpe331 engines . 14 us 50.7 million contract to supply advanced light helicopter to ecuadorian air force . 15 hal will also open a maintenance base in the country . 16 us 30 million contract to supply avionics for malaysian su 30mkm . 17 us 20 million contract to supply ambulance version of hal dhruv to peru . 18 contract of 3 hal dhruv helicopters from turkey worth us 20 million . 19 us 10 million order from namibia for hal chetak and cheetah helicopters . 20 supply of hal dhruv helicopters to mauritius national police in a deal worth us 7 million . 21 unmanned helicopter development project with israel aircraft industries . 22 domestic agreements edit 220 sukhoi su 30mki being manufactured at hal s facilities in nasik koraput and bangalore . 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 andhra pradesh . 23 us 57 million upgrade of sepecat jaguar fleet of the indian air force . 24 us 55 million helicopter simulator training facility in bangalore in collaboration with canada s cae . 25 64 mig 29s to be upgraded by hal and russia s mig corporation in a programme worth us 960 million . 26 licensed production of 82 bae hawk 132 . in house developed products edit agricultural aircraft edit ha 31 basant fighter aircraft edit hal tejas hf 24 marut mk1 and mk1t tejas light combat aircraft su 30mki a derivative of the sukhoi su 27 co developed with sukhoi corporation citation needed fgfa under joint development with sukhoi corporation amca india s indigenous stealth fighter under development . helicopters edit hal dhruv of the indian army dhruv advanced light helicopter light combat helicopter under trial light utility helicopter under development indian multi role helicopter under development rudra attack helicopter engines edit gtre gtx 35vs kaveri co developed with gtre drdo under development ; developed into following programmes ptae 7 for indegeniously designed lakshya pta gtsu 110 for starting main engine ge404 or kaveri of lca tejas hal turbomeca shakti co developed with turbomeca for hal dhruv helicopter to be used in light utility helicopter hal htfe 25 27 hal htse 1200 under development 28 trainer aircraft edit closeup of a hal kiran aircraft ht 2 first company design to enter production . hpt 32 deepak basic trainer in service for more than three decades . hjt 16 kiran mk1 mk1a and mk2 turbojet trainers scheduled to be replaced with ijt like hjt 36 sitara htt 34 turboprop version of hpt 32 deepak htt 35 proposed replacement for hpt 32 basic trainer in early 1990s ; not pursued hjt 36 sitara intermediate jet trainer under development inducted as lsp clarification needed waiting further orders hal htt 40 basic trainer under development 29 first prototype flew the first flight on 31may 2016 . 30 hal hjt 39 cat advanced jet trainer proposal observation and reconnaissance aircraft edit haop 27 krishak transport and passenger aircraft edit saras developed by hal lucknow and national aerospace laboratories saras under joint development with the national aerospace laboratories nal hal multirole transport aircraft under joint development with ilyushin design bureau indian regional jet irj of 70 100 seater capacity to be jointly developed with nal . utility aircraft edit hul 26 pushpak gliders edit hal g 1 hal s first original design dating from 1941 . only one was built . ardhra training glider rohini unmanned aerial vehicles edit pta lakshya uav pta lakshya 2 uav nruav nishant uav rustom h unmanned aerial vehicle notable people edit kota harinarayana kurt tank roddam narasimha vishnu madav ghatage licensed production edit hal licensed built su 30 mki harlow pc 5 first aircraft