With worldwide restrictions and lockdowns on trade and travel, the COVID-19 pandemic has laid bare the need for India to be more self-reliant. It was in the wake of this crisis, the government launched the Aatmanirbhar Bharat campaign. India’s quest for self-sufficiency can take inspiration from some pioneers in research and development (R&D) and using technology niche areas to set up global standards.
NSE
The Indian aerospace industry is one of the fastest-growing sectors with rising passenger traffic and increasing military and defence spending, aerospace leadership is an area that has immense potential. A feather in the cap of the India aerospace industry is Hindustan Aeronautics Ltd (HAL). The history and growth of HAL is synonymous with the growth of the industry in India over the last eight decades. R Madhavan, Chairman and Managing Director of HAL shared the journey of the company.
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(Edited by : Ankit Gohel)