The state owned Hindustan Aeronautics Ltd (HAL), which is the mainstay of the Indian Air Force, has done well in reducing by at least 8 per cent in its turnover of imported components in the last four years, said Ajay Kumar, Secretary, Department of Defence Production.
On a turnover of ₹ 18,000 cr during fiscal 2017-18, it’s indigenisation portion of imported products was 41 per cent. In 2014-15, the indigenisation was 49 per cent. To face threats from cyber security, reduce costs of production and beef up our own fire power it is essential to have our own products through higher indigenisation. In this direction, the HAL and other PSUs have a greater role, Ajay Kumar said.
His remarks at the Aeronautical Society of India meeting here assumed significance in the background of the HAL coming under criticism from the Union Minister with reference to the controversial Rafale fighter aircraft deal with Dassault in terms of capability. Read More