HAL’s subsidiary starts delivery of aircraft and helicopter looms -Governance Now

HAL’s subsidiary starts delivery of aircraft and helicopter looms

HAL has acquired the sick unit of HCL and provided structured training to the employees for skill development

GN Bureau | March 31, 2018

#HAL #HCL #PSU

After being taken over by HAL as a subsidiary, Allahabad-based Naini Aerospace Limited (NAeL), made its first delivery of 335 LCA (light combat aircraft) and 28 ALH (advanced light helicopter) cable looms.

The erstwhile Hindustan Cables Limited (HCL) did not see any production for last 20 years. HAL has acquired the sick unit of HCL and provided structured training to the employees for skill development and other infrastructural requirements.

CMD, HAL T Suvarna Raju said a robust quality management system is in place in the loom manufacturing shop and the facility has been cleared by the joint audit team of DGAQA and HAL.

An official said earning revenue in the very first full financial year of its existence speaks on the commitment of the organisation. Full-fledged operationalisation of the plant is expected by June 1, 2018.

Naini unit of sick Hindustan Cables Ltd along with identified assets and manpower was taken over by NAeL, a subsidiary of Hindustan Aeronautics Limited on February 1, 2017. The NAeL commenced production activities of wire harnesses of helicopter and aircraft within a record time of five months in July 2017 after providing structured training to the employees for skill development, making registrations with statutory taxation, labour and EPFO authorities, obtaining factory license and creating basic infrastructure for aviation loom manufacturing.

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