Aeronautics Limited (HAL) has conducted a reality check with the goal of increasing its export revenues from the current 1 percent of total revenue to 25 percent. It will concentrate more on exporting Dorniers and helicopters to nations in Africa, the Middle East, and South East Asia rather than exporting domestic fighter jets and light combat aircraft.Two significant contracts, 97 LCA (Light Combat Aircraft) MK 1A and 156 LCH (Light Combat Helicopter) orders, are being actively pursued by HAL in India. Its order book will increase by Rs 1,30,000 crore as a result of these two orders.
By 2025–2026, the order book will total Rs 2,50,000 crore due to the Su-30 Upgrade, Indian Multi-Role Helicopter Design and Development (IMRH D&D) sanction, and regular Repair and Overhaul (ROH) orders.
HAL received new orders totaling Rs 55,800 crore during the first nine months of the current fiscal year (2024–25). These orders included Rs 39,000 crore for manufacturing, which included 12 Su-30MKI aircraft valued at Rs 12,573 crore and 240 AL 31 FP engines valued at Rs 25,350 crore, as well as Rs 16,500 crore for ROH, spares, and D&D.
The goal set by the Narendra Modi administration was for all PSUs to receive 25% of their income from exports. However, the HAL currently has no export orders and exports only account for 1% of its total revenue.
HAL’s order book is anticipated to reach Rs 2,50,000 crore ($3B) in spite of this. HAL had orders totaling more than Rs 1,30,000 crore as of December 2024. The estimated order accretion for the upcoming year is Rs 1,65,000 crore.
