Aircraft Limited: A Case Study Of Hindustan Aeronautics Limited

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INTRODUCTION TO HAL Hindustan Aeronautics Limited (HAL) has blossomed into a major player in the global aviation arena, and is today among the elite Navaratna companies. From what is earlier the Hindustan Aircraft Limited, founded in 1940 by the great visionary Seth Walchand Hirachand, in association with the former Princely State of Mysore, HAL is now ranked 34th in the list of world’s top 100 defense companies (Defense News, 2007). It has witnessed a steady growth over the years and achieved a turnover of over $ 2 Billion USD in 2008-2009 (Rs. 10.373 Cr). MISSION STATEMENT In order to fulfill the fresh mandate of post independent India, the mission of the company has been redefined as: “To become a globally competitive aerospace industry while working as an instrument for achieving self …show more content…

They strive to understand our customer’s needs and wants to deliver products and services that fulfill and exceed all their requirements.  COMMITMENT TO TOTAL QUALITY: They are committed to continuous improvement of all its activities. They will supply to products and services that conform to the highest standards of design, manufacture, reliability, maintainability and fitness for the use as desired by customers.  COST AND TIME CONSCIOUSNESS: They believe that the success depends on the ability to continually reduce the cost and shorten the delivery period of the products and services. They will achieve this by eliminating waste in all activities and continuously improving all processes in every area of their work.  INNOVATION AND CREATIVITY: They believe in striving for improvement in every activity involved in the business by pursuing and encouraging risk-taking, experimentation and learning to all levels within the company with a view to achieving excellence and

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