Hon’ble Finance Minister has approved the upgradation of Hindustan Aeronautics Limited (HAL) to 14th #Maharatna CPSE. The proposal has earlier been recommended by Inter-Ministerial Committee (IMC) headed by Finance Secretary and Apex Committee headed by Cabinet Secretary. HAL is a Department of Defence Production (DoDP) CPSE with an annual turn over of Rs. 28162 crore and net profit of Rs. 7595 crore for FY 2023-24.
