19th December, 2002
Ministry of Defence  


JOINT VENTURE BY HAL


LOK SABHA

The Public Sector Defence Undertaking M/s Hindustan Aeronautics Limited (HAL) is not looking for partners abroad. However, the company has entered into dialogue with M/s Snecma of France to consider the feasibility of setting up a joint venture company at Bangalore for taking up manufacture of engine parts and assemblies for the Indian and world markets.

This information was given by the Defence Minister Shri George Fernandes in a written reply to Shri Tufani Saroj in Lok Sabha today.