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Dr. V.M. Ghatge, Chief Designer, with the Mockup of the first indigenously designed Aircraft, the HT - 2 Trainer. 1948
The sky appears to be the limit for our growth.
Today, HAL has 20 Production Units and 11 Research & Design Centres in 8 locations in India.
Vigilance Department in HAL was set up in 1969 pursuant of formation of Central Vigilance Commission (CVC)based on the model recommended by CBI.
Make In India
Shri C B Ananthakrishnan was appointed as Director (Finance) & CFO of the Company with effect from August 1, 2018. He is a Commerce Graduate and Post Graduate in Business Administration from Madras University and is a fellow member of Institute of Cost Accountants of India. He has also received management and leadership training from Indian Institute of Management, Ahmedabad and Institut Aeronautique et. Spatiale (IAS) Toulouse, France.
Prior to his appointment as Director (Finance), he was holding the post of Executive Director (Finance) in Corporate Office of the Company and handling overall Financial Planning and strategy, treasury management and taxation.
He joined HAL in 2004 and has over 35 years of work experience in both public and private sectors with stints in merchant banking, pharmaceuticals, fertilizers and Aerospace Industries. During his stints in Helicopter Division as Head of the Finance, he was instrumental in developing financial strategies and policies for pricing, cost control and profit planning for achieving overall goals of the Company and also secured one of the largest Helicopter Contracts for the Company valuing in excess of Rs. 14000 Crore. He was instrumental for Conclusion of prices for Repair & Overhaul and Supply of Spares by 3rd Pricing Policy Review Committee (PPRC), Conclusion of 73 ALH Contracts for Army and IN & ICG and Implementation of Ind AS etc.
He has played a pivotal role during Initial Public Offering (IPO) and listing of the Company shares during March 2018. He was instrumental in securing orders of 83 LCA MK IA and 15 LCH.
Shri Ananthakrishnan has been entrusted with additional charge of Chairman and Managing Director (CMD) of the Company, for three months w.e.f 1st August, 2022 or till the post of Chairman and Managing Director is vacant, whichever is earlier. Further, he has also been entrusted with additional charge of Director (Engineering and R&D) of the Company, for two months w.e.f 1st August, 2022 or till the post of Director (Engineering and R&D) is vacant, whichever is earlier