Hindustan Aeronautics (HAL) and Haveus Aerotech India have signed an initial pact for exploring business opportunities in the civil aviation sector both in the domestic and international markets. The memorandum of understanding (MoU) signed with HAL Accessories Division Lucknow (ADL), which is into manufacturing of aircraft systems and accessories for aircraft, helicopters and engines.
Under the collaboration, the two partners will share the experience and capabilities of each other relating to the needs of the civil aviation sector focusing on aerospace applications with a larger perspective of making India Atmanirbhar in the sector and furthering the Government's 'Make & Maintain in India' Policy.
Hindustan Aeronautics 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.
| Company Name | CMP |
|---|---|
| Hindustan Aeron | 4387.10 |
| Bharat Electronics | 462.70 |
| DCX Systems | 194.75 |
| Astra Microwave Prod | 1092.10 |
| Zen Technologies | 1614.35 |
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