The Hindustan Aeronautics Limited recorded a turnover of over Rs 21,100 Crores for the financial year ended on March 31, 2020 recording a growth of around seven percent during 2019-20. During 2019-20, 31 new aircraft/helicopters and 117 new engines were produced and overhaul of 199 aircraft/helicopters and 490 engines were undertaken. HAL has produced 13 new ALHs against the contract of 40, out of which three were produced ahead of schedule for the Indian Army.
Further, HAL has completed production of all SU 30 MKI contracted to HAL by IAF during the current year and is expecting to get a few additional orders for SU-30MKI.
The DPSU is expecting order for 83 MK1A LCA and 15 LCH limited series production aircraft; the order book seems to be healthy during the financial year 2020-21.