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HAL's joint ventures on death bed as defence orders dry up over the years

A deep dive into the company's 14 JVs shows that many are on the verge of closing down

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Hindustan Aeronautics Ltd  |  Hal  |  Indian Air Force

Sai Manish  |  New Delhi 

HAL

In 2014-15, the very first year of the Modi government, Hindustan Aeronautics Limited (HAL) apparently sensed that its virtual monopoly in supplying aircraft and other services to India’s defence forces was on the verge of dilution.

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First Published: Fri, January 11 2019. 16:00 IST
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