Ministry of Defence
Improvement in the Capability of Hal
Posted On:
11 FEB 2019 6:17PM by PIB Delhi
During the last three years, following efforts have been made by the Government to improve the capabilities of HAL:-
|
•
|
For establishment of major servicing facility for Hawk-132 aircraft, Government of India (GoI) has sanctioned Rs.450.59 Crore in February, 2016.
|
|
•
|
For Repair and Overhaul (RoH) Facility for Adour Mk 871-07 engines, GoI has sanctioned Rs.205.65 Crore in March, 2016.
|
|
•
|
For ramping up of manufacturing facility of Light Combat Aircraft (LCA) Tejas from existing 8 to 16 aircraft per annum, GoI has sanctioned Rs.1381.04 Crore in March, 2017 with 50% funding by GoI.
|
|
•
|
For enhancement of RoH capacity of Su-30 MKI from existing 15 to 20 aircraft and aggregates from 15 to 35 aircraft sets per annum, GoI has sanctioned Rs.1324.33 Crore in April, 2017.
|
|
•
|
For establishment of RoH facility for 3 Line Replaceable Units (LRUs) of Adour Mk 871-07 engines fitted on Hawk Mk 132 aircraft GoI has sanctioned Rs.60.72 Crore in August, 2017.
|
The details of investment, Revenue & profit made by HAL during the last 3 years and the current year are as below:-
(Rs. in Crore)
|
Particulars
|
2015-16
|
2016-17
|
2017-18
|
2018-19
(Upto September 2018)
|
|
Capital Investment
|
1430
|
1514
|
1452
|
418
|
|
Revenue from Operations (Net)
|
16758
|
17950
|
18519
|
5424
|
|
Profit After Tax
|
1998
|
2616
|
2070
|
650
|
In the Financial Year 2018-19 upto second quarter i.e. September, 2018 compared with corresponding quarter of Financial Year 2017-18, HAL has registered 3% increase in revenue and 63% increase in profit.
This information was given by Raksha Rajya Mantri Dr. Subhash Bhamre in a written reply to Shri V. Muraleedharan in Rajya Sabha today.
Nampi/DK/Rajib/HS
(Release ID: 1563892)
Visitor Counter : 436