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Tuesday, February 11, 2025

HAL anticipating order book of Rs 2.2 lakh crore by 2030

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Bengaluru: Hindustan Aeronautics Limited (HAL) Chairman DK Sunil on Sunday said the company’s order book is poised to reach ₹2.2 lakh crore by 2030, driven by strong manufacturing commitments and anticipated contracts.

Addressing a press conference on the sidelines of the Aero India 2025 on Tuesday, Sunil said, “All these orders are manufacturing orders—the 83 LCA, the 97 that we are anticipating, the 156 LCA, and the 240 engines we are manufacturing for the Sukhoi. These are all part of our manufacturing pipeline. The LUH and other key orders will be executed by 2030, and we are working towards producing all these aircraft within this timeframe.”

Elaborating on HAL’s financial outlook, Sunil stated that the company is expecting to generate ₹1.2 lakh crore, with an additional ₹1 lakh crore expected to be added to the order book in the next year. “By 2030, we anticipate having an order book of about ₹2.2 lakh crore, which we will execute,” he said.

On the global expansion front, Sunil highlighted HAL’s focus on Southeast Asia, North Africa, and South America.

“In South America, we have made a breakthrough in Guyana, where we have supplied two Dornier aircraft. In North Africa, discussions are still at a preliminary stage, with ongoing talks in Nigeria, Morocco, and Egypt. Their pilots have already flown our various aircraft and helicopters. Similarly, in Southeast Asia, we are looking at opportunities for the Dornier aircraft,” he noted.

Regarding the recent ALH accident, Sunil acknowledged that such incidents happen globally and assured that HAL is fully committed to addressing any technical issues. “The unfortunate incident will be thoroughly investigated. We will identify the problems and fix them. We are confident in our technical capabilities and will be able to resolve the issue effectively,” he said.

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