Government is taking many steps to improve the HAL(Hindustan Aeronautics Limited) condition. Raksha Rajya Mantri Dr. Subhash Bhamre gave the information in a written reply to Shri V. Muraleedharan in Rajya Sabha today about the conditions of HAL and Steps taken for its improvement. 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)|
|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.