Hindustan Aeronautics Limited (HAL) has been elevated to the status of Maharatna Central Public Sector Enterprise (CPSE). The Department of Public Enterprises announced the upgradation on October 12 through a post on X (formerly Twitter), following the approval of Finance Minister Nirmala Sitharaman.
The proposal for HAL’s upgradation was earlier recommended by two high-level committees: the Inter-Ministerial Committee (IMC), headed by the Finance Secretary, and the Apex Committee, chaired by the Cabinet Secretary.
India now has 14 “Maharatna” public sector undertakings (PSUs), including prominent names such as BHEL, BPCL, Coal India, GAIL, HPCL, Indian Oil, NTPC, ONGC, Power Grid, SAIL, Oil India, REC, PFC, and the recently upgraded Hindustan Aeronautics Limited (HAL).
