Saturday, Apr 20 2024 | Time 06:45 Hrs(IST)
image
States » South


HAL to step up outsourcing to bring down cost of its products: CMD

HAL to step up outsourcing to bring down cost of its products: CMD

Bengaluru, Feb 21 (UNI) Public Sector aircraft maker Hindustan Aeronautics Ltd (HAL) has decided to increase outsourcing of Aero components used in manufacture of aircraft in its facilities to private industry to ensure rationalising deployment of its workforce as well as bring down the cost of products.
Speaking at a press conference on the second day of Aero India 2019 Defence and Aerospace exposition here on Thursday, HAL Chairman and Managing Director R Madhavan said the company was outsourcing up to 30 per cent of components including Aero structures to private industry and it will be stepped up.
'We are already doing it. We want to rationalise the use of our workforce and gain cost arbitrage by increasing outsourcing work to the industry. We had outsourced work equivalent to 125 lakh man hours during last one year,' he said explaining that outsourcing work was not calculated on the basis of cost by HAL.

More News

Karnataka HC stays Women's Commission notice to Kumaraswamy

19 Apr 2024 | 11:10 PM

Bengaluru, April 19 (UNI) The Karnataka High Court on Friday stayed the notice issued by the Karnataka State Women's Commission to former Chief Minister HD Kumaraswamy. The notice was related to a comment made by Kumaraswamy suggesting that women were 'losing their way' due to election promises made by the Congress party.

see more..

AP :Police crack heist of Rs 66 lakh

19 Apr 2024 | 9:46 PM

Ongole, AP, Apr 19 (UNI) The police unraveled a major heist within hours by arresting three persons and recovered Rs 66 lakh booty.

see more..

AP:Rs 13 32 Cr worth gold, silver ornaments seized: DC

19 Apr 2024 | 9:37 PM

Eluru, April 19 (UNI) District Collector V Prasanna Venkatesh has said that Rs 13.32 crore worth gold jewellery, silver ornaments and liquor have been seized in the district and two nominations have been received for Eluru Parliamentary constituency in AP.

see more..

'Jihadi activities' growing in Karnataka : Jagadish Shettar

19 Apr 2024 | 9:32 PM

Belagavi, April 19 (UNI) Jagadish Shettar, the BJP candidate from the Belagavi parliamentary constituency, has expressed serious concerns over the "increasing Jihadi activities in Karnataka."
He attributed this rise to the appeasement policies of the Congress government, alleging a collapse of law and order in the state.

see more..

Dharwad gears up for competitive LS polls with 29 candidates filing 44 nominations

19 Apr 2024 | 9:21 PM

Dharwad, April 19 (UNI) The Dharwad Constituency is bracing for a competitive Lok Sabha election as a total of 29 candidates have filed 44 nominations for the upcoming polls.

see more..
image