Hon’ble Vice President of India Confers ‘Outstanding PSU of the Year’ Award on HAL

Bengaluru/Delhi, April 24. Hon’ble Vice President of India Mr. Jagdeep Dhankhar bestowed the ‘Outstanding PSU of the Year’ award to HAL at AIMA’s Managing India Awards ceremony in Delhi on April 23. The award was received by Mr. C. B. Ananthakrishnan, CMD (Additional Charge), on behalf of HAL. He thanked AIMA for selecting HAL for the prestigious award.

The Hon’ble Vice President congratulated all the winners who he said were thoughtfully picked up by the jury. He praised HAL’s performance and said its success story is inspiring and the PSU is the pride of the nation.

“It is an honor to receive the award from Hon’ble Vice President, and we at HAL are deeply motivated by this gesture. We will continue to strive and contribute to nation building with our dedicated efforts to make India self-reliant in defence production”, said Mr. Ananthakrishnan.

Established in 1957, The All India Management Association (AIMA) is the Voice of India’s leaders and managers and the apex body of the management profession in India. It works closely with industry, government, academia, and students to further the cause of the management profession in India. Its mission is to facilitate individuals and organizations realize their potential.

HAL recorded the highest-ever revenue from operations of over Rs. 29,810 crores (provisional and unaudited) for the financial year ended on March 31, 2024, registering a double-digit growth of around 11% as against 9% in the previous financial year. The company maintained the growth momentum and has achieved an all-round improved performance in diverse areas.