Nashik: The Hindustan Aeronautics Ltd (HAL) has decided to focus more on indigenisation of its products and enter into joint ventures and collaborations with private industries.
HAL organised a two-day exhibition that concluded on Wednesday, which was attended by close to 30 industries engaged in manufacturing defense products. The participant industries also included a number of vendors, who are already supplying to the HAL.
Speaking to TOI, an official from HAL said, "We are already outsourcing components to industries but we are focusing on increasing presence of the industries as part of our policy of indigenising our products. This will not only provide business opportunities to the industries, but will also help us reduce cost and save our time. As part of the golden jubilee celebrations of the HAL, Ozar, we held a national seminar on self-reliance in aerospace sector and expo with participation of our industry partners with an aim to provide opportunities to the industries to be our partner by manufacturing the components we require."
Speaking to TOI, L Subramani from Hical, said, "We are in aviation business with 70% export. We have two manufacturing units in Karnataka. We are planning joint venture with the HAL and have held meetings with its officials."
13/11/14 Times of India
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HAL organised a two-day exhibition that concluded on Wednesday, which was attended by close to 30 industries engaged in manufacturing defense products. The participant industries also included a number of vendors, who are already supplying to the HAL.
Speaking to TOI, an official from HAL said, "We are already outsourcing components to industries but we are focusing on increasing presence of the industries as part of our policy of indigenising our products. This will not only provide business opportunities to the industries, but will also help us reduce cost and save our time. As part of the golden jubilee celebrations of the HAL, Ozar, we held a national seminar on self-reliance in aerospace sector and expo with participation of our industry partners with an aim to provide opportunities to the industries to be our partner by manufacturing the components we require."
Speaking to TOI, L Subramani from Hical, said, "We are in aviation business with 70% export. We have two manufacturing units in Karnataka. We are planning joint venture with the HAL and have held meetings with its officials."
13/11/14 Times of India
