R Madhavan takes over as Chairman and Managing director of PSU HAL

R Madhavan took over as Chairman and Managing Director of defense 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 world-class products and services through increased indigenization 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 stakeholders are key for HAL's success in future, he noted. Madhavan spearheaded successful absorption of technology for production of the Su-30 airframe and engine accessories from raw material phase at HALs Accessories Division, Lucknow, the statement said

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