Professional Documents
Culture Documents
HAL: At a Glance
Hindustan Aeronautics Limited (HAL) came into existence on 1st October 1964.
Its merger of Hindustan Aircraft Limited with Aeronautics India Limited and Aircraft Manufacturing Depot, Kanpur. Late Seth Walchand Hirachand set up Hindustan Aircraft Limited at Bangalore in association with the erstwhile princely State of Mysore in December 1940 The Government of India became a shareholder in March 1941 and took over the Management in 1942.
19 Production & 10 R&D Centres 34,500 Employees ISO-9001 & AS-9100 Certifications
MISSION
"To become a globally competitive aerospace industry while working as an instrument for achieving self-reliance in design, manufacture and maintenance of aerospace defense equipment and diversifying to related areas, managing the business on commercial lines in a climate of growing professional competence ".
VISION
"To make HAL a dynamic, vibrant, value-based learning organization with human resources exceptionally skilled, highly motivated and committed to meet the current and future challenges. This will be driven by core values of the Company fully embedded in the culture of the Organization".
Services by HAL
Financial Highlights
Rupees in Crores Growth over Particulars Sales VOP
Profit before tax
2009-10 Previous Year 11457 13490 2688 1967 2934 10.45% 14.22% 15.12% 13.05% 11.22%
SWOT Analysis
Strength
- Highly skilled and competitive workforce. - Quality of the product is highly appreciable. -Its monopoly in overhauling of Industrial and Marine Gas Turbines of higher capacity. -They have good testing facilities for all the Engines they produce and Overhaul. -HAL maintain timely delivery of goods and services. -Last but not the least, Brand name of HAL.
Weakness
- HAL Lucknow lacks Research and development facility & hence lacks innovation as a perennial function. - Decision making process is prolonged due to the hierarchical nature of the organization.
SWOT Analysis
Opportunity
-Tata power is planning to setup more power producing plants this serves HAL (SUNABEDA) as an opportunity for easy access to inputs, raw-materials etc. -Reliance oil and corporation has plans to increase their production by increasing the no. at the Godavari basin. This will give power for more production. -Demand may increase further due to the increased demand from the 44 military ship programs around the world. -Demand for the power is increasing around the world so this serves as an opportunity of industrial gas turbines.
Findings
HAL among the public sector aeronautical industries claim to be the best and which
HAL is being showing consistent growth prospective and there has been constant
rise in HAL profit year after year. Company got advance from the Government of India, which resulted in an increase in cash/bank balance. Company annual sales turnover of Rs.11,457crores during the Financial Year 200910 and to see it reach enviable heights in the future.
Recommendations
The organization can arrange the training programs department wise in order to give
in the organization,
This project helped me understand my area of interest in the organization, I got to know the work culture in government company, The Key findings and analysis will be helpful to them for provide better services to customers, This helps in combing theory with practice, This is an insight into the application of managerial theories, It will help the organization to focus on available resources for sales and promotion of their products, This project will ease them to remove unwanted steps, which increase their time and work,
QueRieS PleaSe
Thank You