Hindustan Aeronautics Limited (HAL) which was founded by Walchand Hirachand: An Indian industrialist with a vision for self-reliance in 1940, is a crown jewel of India's defense sector, boasts a rich 80-year legacy. From crafting the Light Combat Aircraft (LCA) to servicing Sukhoi jets, HAL keeps India's skies protected. Their FY 2023-24 revenue was of Rs 29,810 crore which is a testament to their growth. Being a government-owned company, Hindustan Aeronautics Limited (HAL) doesn't raise funds in the traditional sense. Instead, their operations are financed by 1. Government Budget Allocations 2. Revenue from Sales While HAL produces a range of aircraft, here are some of their most famous jets and helicopters Jets Tejas HJT-36 Sitara: used for pilot training Ajeet: A supersonic fighter jet developed in collaboration with Germany, no longer in active service. Helicopters Dhruv Rudra Light Utility Helicopter (LUH) Prachand Thank You
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