HAL identifies 111 technologies to fund projects.

HAL has identified 111 technologies to fund and pursue its Research and Technology Development.

'Technology identification and funding innovation remains a focus area for HAL. The company so far has filed over 300 patents in just over two years to protect its intellectual property developed at a large investment and efforts,' said Dr R K Tyagi, Chairman HAL.

HAL has also created R&D corpus, earmarking 10 per cent of operational profit after tax, to promote technology development within the company.

'To work on new technologies the company has taken a strategic move to bring all 10 research and development (R&D) centres under the ambit of Committee of Institutional Network (COIN) to ensure synergy among these centres of HAL spread across the country,' he said.

As part of aggressive interaction with academia, HAL has entered into MOUs for technology collaboration with IITs.


HBL