A point for HAL Nashik to ponder: What after Sukhoi-30MKI fighters?
Since 2005, when Hindustan Aeronautics Ltd (HAL), Nashik, delivered the first “Made in India” Sukhoi-30MKI fighters, it has been HAL’s most lucrative cash cow. Referred to as the “MiG Complex” since it was established in 1964 for licence manufacture of MiG-21FL aircraft, the Nashik division has traditionally generated 30-33 per cent per cent of HAL’s annual turnover. Last year, it generated Rs 7,000 crore out of HAL’s total turnover of Rs 22,700 crore. This year, however, HAL’s ...
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Source: business-standard.com