Hon’ble Vice President of India Presents ‘Outstanding PSU of the Year’ Award to HAL

Hon’ble Vice President of India, Shri Jagdeep Dhankhar, conferred the prestigious ‘Outstanding PSU of the Year’ award to Hindustan Aeronautics Limited (HAL) at the Managing India Awards ceremony organized by the All India Management Association (AIMA) in Delhi last night. The award was graciously received by Shri C B Ananthakrishnan, CMD (Additional Charge), on behalf of HAL, who expressed gratitude to AIMA for the recognition.

In his address, the Hon’ble Vice President lauded HAL’s remarkable performance, hailing it as a beacon of success and national pride. He commended the dedication and contributions of all the winners selected by the jury.

“It is a moment of great pride for us to receive this esteemed award from the Hon’ble Vice President. At HAL, we are deeply inspired by this recognition and remain committed to our mission of contributing to the nation’s self-reliance in defence production,” remarked Mr. Ananthakrishnan.

Established in 1957, AIMA stands as the apex body of the management profession in India, fostering collaboration among industry, government, academia, and students to advance the management profession and realize individual and organizational potential.

HAL’s exceptional performance for the financial year ended on March 31, 2024, underscores its growth trajectory, with record-breaking revenue from operations exceeding Rs. 29,810 crores (provisional and unaudited). Achieving a double-digit growth of approximately 11%, HAL has demonstrated sustained progress across diverse areas, maintaining momentum and excellence.