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I want to know the Importance Of Hindustan Aeronautics Limited HAL so can you please tell me?
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Hindustan Aeronautics Limited (HAL) is an Indian state-owned aerospace and defence company based in Bangalore, Karnataka. The government-owned corporation is primarily involved in the operations of the aerospace industry. It is governed under the management of the Indian Ministry of Defence. These include manufacturing and assembly of aircraft, navigation and related communication equipment and airports operation. It is currently involved in the design, fabrication and assembly of aircraft, jet engines, helicopters and their spare parts. One of the largest aerospace companies in Asia, HAL has annual turnover of over US$2 billion. More than 40% of HAL's revenues come from international deals to manufacture aircraft engines, spare parts, and other aircraft materials. A partial list of major operations undertaken by HAL includes the following: International agreements- HAL Dhruv helicopters of the Ecuadorian Air Force in 2009 Aero India An IAF BAe Hawk being licence-produced at the HAL Hawk production facility in Bangalore The US$35 billion fifth-generation fighter jet programme with the Sukhoi Corporation of Russia US$1 billion contract to manufacture aircraft parts for Boeing Multi-role transport aircraft project with Ilyushin of Russia worth US$600 million 120 RD-33MK turbofan engines to be manufactured for MiG-29K by HAL for US$250 million. Contract to manufacture 1,000 TPE331 aircraft engines for Honeywell worth US$200,000 each (estimates put total value of deal at US$200 million). US$120 million deal to manufacture Dornier 228 for RUAG of Switzerland. Manufacture of aircraft parts for Airbus SAS worth US$150 million US$100 million contract to export composite materials to Israel Aircraft Industries US$65 million joint-research facility with Honeywell and planned production of Garrett TPE331 engines US$50.7 million contract to supply Advanced Light Helicopter to Ecuadorian Air Force. HAL will also open a maintenance base in the country US$30 million contract to supply avionics for Malaysian Su-30MKM US$20 million contract to supply ambulance version of HAL Dhruv to Peru Contract of 3 HAL Dhruv helicopters from Turkey worth US$20 million US$10 million order from Namibia for HAL Chetak and Cheetah helicopters Supply of HAL Dhruv helicopters to Mauritius' National Police in a deal worth US$7 million Unmanned helicopter development project with Israel Aircraft Industries Domestic agreements- 220 Sukhoi Su-30MKI being manufactured at HAL's facilities in Nasik, Koraput and Bangalore. The total contract, which also involves Russia's Sukhoi Aerospace, is worth US$3.2 billion. 200 HAL Light Combat Helicopters for the Indian Air Force and 500 HAL Dhruv helicopters worth US$5.83 billion. US$900 million aerospace hub in Andhra Pradesh. US$57 million upgrade of SEPECAT Jaguar fleet of the Indian Air Force US$55 million helicopter simulator training facility in Bangalore in collaboration with Canada's CAE 64 MiG-29s to be upgraded by HAL and Russia's MiG Corporation in a programme worth US$960 million Licensed production of 82 BAe Hawk 132.
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