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HINDUSTAN AERONAUTICS LIMITED

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HINDUSTAN AERONAUTICS LIMITED The Company which had its origin as Hindustan Aircraft Limited was incorporated on Dec 23, 1940 at Bangalore by Shri Walchand Hirachand, in association with the then Government of Mysore, with the aim of manufacturing aircraft in India. In March 1941, the Government of India became one of the shareholders in the Company and subsequently took over its management in 1942. In collaboration with the Inter Continental Aircraft Company of USA, the Company commenced its business of manufacturing Harlow Trainer, Curtiss Hawk Fighter and Vultee Bomber Aircraft. In January 1951, Hindustan Aircraft Limited was placed under the administrative control of the Ministry of Defence, Government of India. In August 1963, Aeronautics India Limited (AIL) was incorporated as a Company wholly owned by the Government of India to manufacture MiG-21 aircraft under licence. Factories were set up at Nasik (Maharashtra) and Koraput (Odisha). In June 1964, the Aircra...