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Time of India
09-07-2025
- Science
- Time of India
PM's principal secy reviews indigenous projects at HAL
Bengaluru: PK Mishra, principal secretary to the Prime Minister, visited the facilities of defence PSU Hindustan Aeronautics Limited in Bengaluru and reviewed progress of key indigenous defence and space programmes. Mishra visited Aircraft Research & Design Centre (ARDC) and toured LCA Mk 2 hangar. He then went to LCA Tejas assembly hangar and the aerospace division, where he was briefed on the ongoing production of LCA Tejas Mk 1A. HAL displayed six LCA Mk 1A fighters and two LCA Mk 1 trainers during the visit. At the aerospace division, Mishra toured LVM-3 and PSLV assembly lines, the cryogenic engine manufacturing facility, and reviewed HAL's contributions to Gaganyaan mission. You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru
Time of India
09-07-2025
- Business
- Time of India
PM's principal secretary reviews key indigenous projects at HAL
Bengaluru: , principal secretary to the prime minister, visited defence PSU Hindustan Aeronautics Limited (HAL) facilities in Bengaluru on Tuesday and reviewed progress on several key indigenous defence and space programmes. Tired of too many ads? go ad free now 'The visit was led by HAL CMD DK Sunil, with other board members present. Mishra began the visit at the Aircraft Research & Design Centre (ARDC), where he toured the LCA Mk 2 hangar,' HAL said late on Tuesday. Mishra then proceeded to the LCA Tejas assembly hangar and the aerospace division, where he was briefed on the ongoing production of the LCA Tejas Mk 1A. HAL displayed six LCA Mk 1A fighters and two LCA Mk 1 trainers during the visit. 'HAL presented a range of indigenous platforms to the visiting official, including the Prachand light combat helicopter, Light Utility Helicopter (LUH), Dhruv advanced light helicopter, and the HTT-40 basic trainer aircraft. The organisation reaffirmed its readiness to lead collaborative, multi-stakeholder programmes in the future,' the PSU said. PK Mishra at HAL, Bengaluru At the aerospace division, Mishra was received by Isro chairman V Narayanan. He toured the LVM-3 and PSLV assembly lines, the cryogenic engine manufacturing facility, and reviewed HAL's contributions to the Gaganyaan mission. PK Mishra at HAL, Bengaluru 'He was also briefed on HAL's recent selection for the Small Satellite Launch Vehicle (SSLV) technology transfer programme. Mishra commended HAL's role in advancing India's self-reliance in defence and aerospace,' HAL added.
India Gazette
09-07-2025
- Business
- India Gazette
Karnataka: Principal Secretary to PM visits HAL; reviews key indigenous projects
Bengaluru (Karnataka) [India], July 9 (ANI): Principal Secretary to Prime Minister P K Mishra visited the Hindustan Aeronautics Limited (HAL) and reviewed key indigenous projects, as per a release. DK Sunil, CMD of HAL, led the visit, along with other HAL Board members, on Tuesday. Mishra commenced his visit with a tour of the LCA Mk 2 hangar at the Aircraft Research and Design Centre (ARDC), followed by a visit to the LCA Tejas Assembly Hangar and Aerospace Division. At the LCA Tejas Division, he reviewed the progress of the LCA Tejas Mk 1A program and was briefed on the current production progress. HAL showcased six LCA Mk 1A fighters and two LCA Mk 1 trainers during the visit. HAL reaffirmed its commitment and preparedness to lead multi-stakeholder programs in the future to the visiting dignitary. Earlier on June 16, Misra conducted site inspections and high-level review meetings in Dholera and Lothal in Gujarat, assessing key infrastructure projects on Monday. These projects are aligned with Prime Minister Narendra Modi's vision for industrial and economic growth, according to a release by PMO. According to the release, Mishra visited the under-construction Ahmedabad-Dholera Greenfield Expressway, implemented by the National Highways Authority of India (NHAI). He highlighted the expressway's potential to reduce travel time between Ahmedabad and Dholera to 45 minutes and emphasised timely execution with global-quality road standards. At Dholera Special Investment Region (DSIR), Mishra assessed the progress of Dholera International Airport. Officials informed him that cargo operations would commence by October 2025. He directed authorities to adhere to timelines and ensure seamless connectivity with the expressway. The Principal Secretary to PM inspected Tata Electronics' Semiconductor Fabrication (Fab) project, a flagship initiative in domestic chip manufacturing. He reviewed its production scope, including chips for mobile devices, consumer electronics, and automotive applications. He also visited social infrastructure projects--schools, hospitals, and residential complexes--developed by Dholera Industrial City Development Limited (DICDL). He emphasised user experience, calling for stakeholder feedback integration. Mishra also chaired a comprehensive review meeting with senior officials from DICDL, DIACL, NHAI, Airports Authority of India, and Indian Railways. He reviewed key projects, including Ahmedabad-Dholera Expressway, Bhimnath-Dholera Freight Rail Link, Ahmedabad-Dholera Semi-High-Speed Rail Line, Dholera International Airport. Mishra reiterated the Government of Gujarat's commitment to Dholera's development as a global-standard smart industrial city. He stressed the importance of timely project completion, skilled workforce availability, and robust planning, the release added. (ANI)
Time of India
05-06-2025
- Business
- Time of India
HAL shares in focus as defence PSU denies report of stalled GE414 engine deal
Hindustan Aeronautics (HAL) shares will be in focus on Thursday after the company refuted a media report claiming that its negotiations with General Electric (GE) for the local production of GE414 engines had stalled. The state-run aerospace and defence firm called the report 'factually incorrect and misleading.' 'An online article has inaccurately reported that negotiations between HAL and GE for the local production of GE414 engines have stalled, suggesting HAL is now in talks with another engine manufacturer,' the company said in a statement. 'HAL would like to clarify that this report is factually incorrect and misleading.' HAL reaffirmed that discussions with GE are on track and progressing well, and confirmed it is not in talks with any other company regarding engines for the Light Combat Aircraft (LCA) Mk2. 'Any information suggesting otherwise is incorrect,' it added. Also Read: MRF snatches India's highest-priced stock crown back from Elcid Investments In June 2023, HAL and GE Aerospace signed a Memorandum of Understanding (MoU) for the production of fighter jet engines in India, as part of the Indian Air Force's LCA Mk2 programme . The agreement, signed during Prime Minister Narendra Modi's official visit to the United States, was regarded as a key milestone in strengthening India–US defence cooperation. The MoU includes the potential joint production of GE's F414 engines in India. GE Aerospace has been active in India for over four decades, with a broad presence across engines, avionics, services, engineering, manufacturing, and local sourcing. Its operations include the John F. Welch Technology Centre in Bengaluru (opened in 2000) and the Multi-modal Factory in Pune (opened in 2015). Also Read: These 10 Nifty microcap stocks can rally 70-200% in the next 12 months HAL Shares Target Price According to Trendlyne, the average target price for HAL is Rs 5,585, indicating a potential upside of 13% from current levels. Among the 18 analysts tracking the stock, the consensus recommendation is 'Buy'. On Wednesday, HAL shares closed 0.47% lower at Rs 4,959.7 on the BSE, even as the benchmark Sensex rose 0.32%. The stock has gained 50% over the past three months and surged 213% over the last two years. HAL's market capitalisation currently stands at Rs 3,31,695 crore. Also Read: Ola Electric, Kalyan Jewellers among 10 firms where promoters pledge increased in Q4 ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
