Bengaluru: Hindustan Aeronautics Limited (HAL) is one of the best examples that align with ‘Make-in-India’ endeavour of the government of India. The company under the leadership of its chairman, T Suvarna Raju, is fast moving from a manufacturing to that of a technology driven company. T Suvarna Raju, shares his views with BusinessLine on HAL’s future and its participation at Aero India.
HAL is moving from being purely a manufacturing company to tech-focused company. Can you elaborate more on the strategy?
I firmly believe that the best of technologies can never be bought, they can only be developed and our efforts therefore would be to ensure that HAL grows as a knowledge-based organisation.
Currently, HAL is concentrating on design and development of various indigenous products such as trainers, helicopters, mini-UAVs and engines. We are also giving more importance to research and development (R&D) as a result of which many technology development projects are being launched in-house and also in collaboration with premier institutes. Our focus is also on patents and intellectual property rights (IPR).
HAL’s R&D expenditure over the last five years was around 6-8 per cent of the turnover. We have now created an R&D corpus which will be 10 per cent of operating profit after tax (PAT). This amount would be spent on R&D and for developing indigenous technologies and thereby contribute to “Make in India” efforts.
18/02/15 Anil Urs/Business Line
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HAL is moving from being purely a manufacturing company to tech-focused company. Can you elaborate more on the strategy?
I firmly believe that the best of technologies can never be bought, they can only be developed and our efforts therefore would be to ensure that HAL grows as a knowledge-based organisation.
Currently, HAL is concentrating on design and development of various indigenous products such as trainers, helicopters, mini-UAVs and engines. We are also giving more importance to research and development (R&D) as a result of which many technology development projects are being launched in-house and also in collaboration with premier institutes. Our focus is also on patents and intellectual property rights (IPR).
HAL’s R&D expenditure over the last five years was around 6-8 per cent of the turnover. We have now created an R&D corpus which will be 10 per cent of operating profit after tax (PAT). This amount would be spent on R&D and for developing indigenous technologies and thereby contribute to “Make in India” efforts.
18/02/15 Anil Urs/Business Line
