LIVE TV DownloadNews18 App
News18 English
Powered by cricketnext logo
1-min read

R Madhavan Assumes Charge as Hindustan Aeronautics CMD

Prior to this, R Madhavan was heading the Accessories Division of HAL at Lucknow as an Executive Director.


Updated:September 1, 2018, 4:21 PM IST
R Madhavan Assumes Charge as Hindustan Aeronautics CMD
R Madhavan (Image: ANI)
Bengaluru: R Madhavan took over as Chairman and Managing Director of defence PSU Hindustan Aeronautics Limited (HAL) from T Suvarna Raju here Saturday.

Prior to this, he was heading the Accessories Division of HAL at Lucknow as an Executive Director.

"Maintaining the numero uno position of HAL in aerospace industry while delivering worldclass products and services through increased indigenisation would be my key focus areas,"Madhavan said in a company statement here.

"The emphasis would be to build on the core competence of the company and emerge as the preferred supplier in the aerospace industry," he added.

Madhavan has contributed to 'Make in India' drive by developing MSME vendors for aerospace manufacturing, it said.

His focus areas would also include Design and Development, order book position and product mix which meets the customer requirements.

Partnership, collaboration and support of all the stake holders is key for HAL's success in future, he noted.

Madhavan spearheaded successful absorption of technology for production of Su-30 airframe and engine accessories from raw material phase at HALs Accessories Division, Lucknow, the statement said.

Catch the Biggest Newsmakers and the Biggest Newsbreaks on CNN-News18, your favourite English TV news channel. Keep watching CNN-News18 at just 50 Paise per Month. Contact your cable /DTH operator Now!
*Rental / capacity fee of Rs.130/- as charged by cable / DTH operator may apply. **GST extra.

| Edited by: Naqshib Nisar
Read full article
Next Story
Next Story

Also Watch

Most Active
Company Price Change %Gain
Reliance 1,238.90 0.30
Yes Bank 194.80 1.35
Mindtree 927.70 0.72
ICICI Prudentia 309.15 -10.39
Sun Pharma 415.65 -0.79
Company Price Change %Gain
Bombay Burmah 1,283.00 5.13
Supreme Ind 1,060.00 1.26
Zee Entertain 437.20 2.82
TV18 Broadcast 35.50 3.95
Yes Bank 194.90 1.46
Top Gainers
Company Price Change %Gain
Zee Entertain 437.10 2.79
UPL 778.65 2.01
Wipro 352.15 1.63
JSW Steel 281.65 1.31
HUL 1,774.10 1.37
Company Price Change %Gain
Yes Bank 194.90 1.46
HUL 1,773.00 1.32
Tata Steel 462.55 1.26
Vedanta 193.25 0.94
Bajaj Finance 2,643.30 1.02
Top Losers
Company Price Change %Gain
Infosys 737.10 -1.11
Kotak Mahindra 1,281.05 -0.83
Sun Pharma 415.70 -0.78
IndusInd Bank 1,489.95 -0.78
HPCL 240.50 -0.62
Company Price Change %Gain
Infosys 737.00 -0.99
HDFC 1,965.40 -0.87
Kotak Mahindra 1,281.25 -0.80
IndusInd Bank 1,490.00 -0.76
TCS 1,888.90 -0.60

Live TV

Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results