Sunday, March 15, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Contract

HAL as adequate capacity to full orders and projects

Fiinews by Fiinews
June 25, 2019
in Contract, Industry Sectors, Investment, Manufacturing, Projects, Technology
Reading Time: 2 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

Productivity improvement measures initiated

 

HAL.

Hindustan Aeronautics Limited has adequate capacity to fulfil the existing orders and projects in hand, Defence Minister Rajnath Singh has told Rajya Sabha in a written reply on 24 June 2019.

Currently, HAL has firm orders to manufacture platforms like Su-30 MKI, LCA, DO-228, ALH, Chetak and Cheetal helicopters.

As and when required, HAL borrows from banks to meet its working capital requirements, he said.

An amount of Rs.8,140 crore has been paid to HAL from January to June 2019 from defence services.

Dues of vendors including HAL are paid depending on the availability of funds, prioritization of schemes and advances/payments that fall due to the vendors including HAL, said Singh.

The amount of arrears of payment to other contractors outstanding with HAL is Rs.868.14 crore.

The company has initiated various productivity improvement measures through:

Developing robust supply chain eco-system by partnering with the emerging Indian Defence Manufacturing Private Sector including Micro, Small & Medium Enterprises (MSMEs) to enable HAL to focus on its core activities.

Introduction of Digital Technology, Software Tools in the areas of Product Life-Cycle Management (PLM) and Product Data Management (PDM) to convert the Design Data to the Production Data, Design Simulator and Analysis to optimise development cost and time.

Enhancing capability and improving the processes through introduction of new manufacturing technologies.

HAL has implemented an integrated software solution, Enterprise Resource Planning (ERP), to encompass all areas of Production, Planning, Finance, Materials, Marketing and Human Resources Development (HRD).

This facilitates implementation of uniform procedures and practices as well as providing on-line information for decision making for Management.

Strengthening the network connectivity to improve the communication and collaboration services across the Company.

With an objective to enhance the productivity, quality and customer satisfaction, through Skill upgradation, Skill Development Policy was notified in July 2016.

Skill Mapping of the employees has been conducted for necessary training based on Skill Gap Analysis. The Company has also implemented globally acclaimed training methodology, “Training Within Industry (TWI)”, to improve efficiency and productivity. It has resulted in upgrading the skills of the employees, reduction of rejection and rework, reduction of cycle time.

Promoting Quality Circles, Suggestion Scheme, implementation of Performance Based Incentives, etc.

The company has regularly monitored the Performance of Production and related activities to identify areas for improvement, corrective actions as necessary for implementation as a continuous measure for companywide efficiency and productivity improvement, said the Minister. fiinews.com

Tags: Hindustan Aeronautics LimitedMinistry of Defence
ShareTweetShare

Related Posts

NSE
Investment

Invest: Tech helped NSE crosses 11 crore investors

by Fiinews
March 14, 2026
0
16

More people use online platforms, says India’s top stock exchange Over the past few years, India’s equity market has seen...

Gift nifty
Investment

Invest: Gift Nifty captures global market trends

by Fiinews
March 14, 2026
0
13

Growing Role of FII and DII Flow Data highlighted India’s Gift Nifty is now widely used by market participants because...

Re Sustainability

Project: Partnership to work on low-carbon economy

March 14, 2026
14
APChemi

Tech: DST supports Indo-Singapore collaboration

March 14, 2026
15
Refroid-Technavious

Tech: Refroid-Technavious “Brick-to-Chip” strategy

March 13, 2026
12
Bharat 6G Alliance

Tech: India works on 6G through studies with ITU

March 13, 2026
13
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Export: Industry told to exploit India-EFTA
  • Market: Bengaluru-Hyderabad to get new GCCs
  • Invest: Tech helped NSE crosses 11 crore investors
  • Invest: Gift Nifty captures global market trends
  • Project: Partnership to work on low-carbon economy

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.