Re:India's Chandrayaan-3 launches to explore moons water ric...
by whinvik on Friday July 14, 2023 @08:57AM
(#36723306)
I haven't seen any mention of HAL being privatized before.
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Re:India's Chandrayaan-3 launches to explore moons water ric...
by screye on Friday July 14, 2023 @10:24AM
(#36724451)
Govt. is reducing its investment in HAL and HAL had an IPO in 2018. [1][2]
Ofc, Indian institutions are averse to privatization. So it has been a slow process. That being said, the direction of change is towards steady privatization.
[1] https://www.reuters.com/markets/deals/indian-govt-proposes-s...
[2] https://theprint.in/economy/rafale-snub-no-death-knell-hals-...