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Hindustan Aeronautics, Tech Mahindra sign contract worth Rs 400 crore in Bengaluru

29 Oct 2020 Evaluate

Hindustan Aeronautics (HAL) and Tech Mahindra have signed a contract worth Rs 400 crore recently in Bengaluru for implementation of Enterprise Resource Planning (ERP) to support HAL’s ‘Project Parivartan’. The ‘Project Parivartan’ is a comprehensive business transformation exercise initiated by HAL through technology enhancement and centralized ERP. The exercise will enable HAL to adopt some of the best practices followed in some of the similar industries globally.

HAL is Bengaluru based Defence Public Sector Undertakings (DPSU) Company engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures.

Peers
Company Name CMP
Hindustan Aeronaut. 4676.95
Bharat Electronics 387.90
Aequs 278.25
Astra Microwave Prod 1663.00
Axiscades Tech. 2159.40
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