HAL celebrates 85th Foundation Day

New Delhi: Defence PSU Hindustan Aeronautics Limited (HAL) celebrated its 85th Foundation Day today. The defence major said marking a historic occasion as the first since achieving the prestigious Maharatna status.

The company said in a statement that the event brought together several distinguished personalities, including former Chairpersons, Managing Directors, Directors, CEOs, and other dignitaries. The celebrations focused on HAL’s future direction and strategies to sustain its growth and success.

On 14th October 2024, HAL attained the coveted Maharatna status, a significant milestone that underscores its position as a key player in the industry. This recognition is awarded to companies with the potential to evolve into Indian multinational corporations (MNCs).

The Maharatna status not only elevates HAL’s brand value but also inspires other ‘Navratna’ companies by granting greater autonomy and decision-making powers, fostering innovation, growth, and international competitiveness.