HAL gets nod for enhancement of Working Capital limit to Rs 7300 crore

Hindustan Aeronautics (HAL) has received approval from the Competent Authority for enhancement of Working Capital limit from Rs 6050 crore to Rs 7300 crore as sanctioned by SBI and other Consortium Banks.

HAL is Bengaluru based Defence Public Sector Undertakings (DPSU) company engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures.