The manufacturing facilities for integrated cryogenic engines will be set at up at HAL’s Aerospace Division in Bangalore said Dr. K. Radhakrishnan, Chairman, Indian Space Research Organization (ISRO.) Delivering the seventh L.M. Khatre Memorial Lecture “Indian Space Program: Emerging Frontiers” at HAL Convention Centre here today he said HAL will continue to play an important role in the future programs of ISRO.
In his speech, Dr. R. K. Tyagi, Chairman, HAL stressed that creativity and innovation are key to success in aerospace sector. He said HAL is the biggest investor in defence R&D in India as it spent about 12 percent of its turnover on research activities, far ahead of other PSUs and private players. "We filed 67 patents in 2012-13 and aiming for more this year", he added.
Dr. Tyagi also said civil aircraft development should be a national priority as India is slated to emerge as the third largest aviation market by 2020. Not only this, India has the potential to be an maintenance, repair, and overhaul (MRO) hub due to the growing aircraft fleet, location advantage and availability of cost effective talent. With established quality systems, infrastructure, dedicated overhaul division etc. HAL can contribute in a big way in all these segments, he added.
Mr. P.S. Krishnan, Chairman, Aeronautical Society of India (Karnataka chapter) also spoke on the occasion, largely focusing on the role of DRDO.