Hindustan Aeronautics Ltd became 14th Maharatna CPSE
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Hindustan Aeronautics Ltd became 14th Maharatna CPSE.
Hindustan Aeronautics Limited (HAL) has been upgraded to 14th Maharatna Central Public Sector Enterprises.
Union Finance Minister Nirmala Sitharaman has approved the up gradation of Hindustan Aeronautics Limited to Maharatna CPSE.
Its upgrade has been recommended by the Inter-Ministerial Committee headed by the Finance Secretary and the Apex Committee headed by the Cabinet Secretary.
Hindustan Aeronautics Limited is a Department of Defense Production, CPSE.
It has a turnover of 28 thousand 162 crore rupees and a net profit of over seven thousand five hundred crore rupees in 2023-24.
