Skip to main content

https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

HAL Refutes Social Media Claims on PwC Appointment for R&D Benchmarking

The benchmarking study is part of HAL’s broader roadmap for modernization and strategic improvement, and stems from recommendations by a high-powered committee on Public Undertakings
Indian Masterminds Stories

Hindustan Aeronautics Limited (HAL) has officially denied claims circulating on social media that PricewaterhouseCoopers (PwC) has been selected for a consultancy assignment related to benchmarking the company’s Research and Development (R&D) activities. In a clear and formal statement, the defence PSU clarified that no consultancy firm has been finalized for the assignment as yet.

Also Read: India’s Natural Gas Demand to Surge Nearly 60% by 2030: PNGRB Study

HAL confirmed that it had indeed issued a Request for Quotation (RFQ) as part of an initiative to engage a consultancy firm to carry out a benchmarking study of its R&D systems against those of leading global Aerospace and Defence companies. However, it stressed that the selection process is still ongoing and no firm has been awarded the project so far.

The benchmarking study is part of HAL’s broader roadmap for modernization and strategic improvement, and stems from recommendations by a high-powered committee on Public Undertakings. The company reiterated that it is committed to adhering strictly to transparency and government procurement norms throughout the selection process.

The consultancy selection is being conducted via the Government e-Marketplace (GeM) portal to ensure a fair and competitive procedure, in full compliance with existing procurement guidelines.

Responding to the misinformation spreading online, HAL emphasized, “No official award of work has been made so far, and any information suggesting otherwise is premature and incorrect.” The company urged all stakeholders to rely solely on official channels for accurate updates related to its ongoing projects and procurement activities.

Also Read: HAL Refutes “One-Sided” Media Reports After ALH Incident, Urges Discretion


Indian Masterminds Stories
Join our WhatsApp Channel
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
HTFE-25 Engine
HAL HTFE-25 Engine: Indigenous Turbofan Reaches 99.5% Core Speed in Major Test
cm sai
Chhattisgarh Rolls Out Viksit Bharat GRAM Ji Yojana with 125 Days of Employment and Major Development Push
Cargo-Port
Government Notifies New Framework for Inventory-Based Cross-Border E-Commerce Exports
isro lvm3
How India Is Strengthening Its Position in the Global Launch Market with LVM3 and Private Space Reforms
CMPDI CSR
CMPDI Partners with Frontline Global Services to Train 60 Jharkhand Youth Under CSR Initiative
cm yogi
Uttar Pradesh Govt Launches Family Saturation Drive to Boost Rural Women's Financial Empowerment 
ISRO roadmap for interplanetary human spaceflight
India Boosts Space Technology with ₹1,500 Crore Support, FDI Reforms and ISRO-Industry Collaboration
Kiren-Rijiju
Minority Affairs Ministry Leverages AI to Strengthen Digital Governance and Citizen Services
ADVERTISEMENT
ADVERTISEMENT
Videos
Sumit Ramteke tn
IPS Sumit Ramteke on the Cases That Changed His Career and Shook Organized Crime | Video Interview
How NAFED is Strengthening Farmers, Markets and Food Security
How NAFED is Strengthening Farmers, Markets and Food Security
Piyusha Jagtap
How IFS Piyusha Jagtap Is Changing Conservation Through Stories, Communities and Compassion | Video Interview
ADVERTISEMENT
UPSC Stories
How Family Sacrifices Helped Pradip Bhandare Achieve His IFS Dream
How Family Sacrifices Helped Pradip Bhandare Achieve His IFS Dream
After seven Civil Services Mains, three Indian Forest Service Mains, five UPSC interviews and years of...
IAS Subhankar Bala
How IAS Subhankar Bala Cracked UPSC Without Coaching: The Story of AIR 79 and His Five Practical Preparation Tips
IAS Subhankar Bala secured AIR 79 in UPSC CSE through self-study after failing his first mains. He shares...
sandeep sahu
Why Sandeep Kumar Sahu Believed in Plan B Before Chasing Plan A
Working full-time for nine years, supporting his family and preparing through self-study, Sandeep Kumar...
CSR NEWS
CMPDI CSR
CMPDI Partners with Frontline Global Services to Train 60 Jharkhand Youth Under CSR Initiative
 CMPDI will invest ₹73.62 lakh to provide residential Phlebotomy Technician training, helping unemployed...
GRID-INDIA ALIMCO
GRID-INDIA Signs MoU with ALIMCO to Provide Assistive Devices to Persons with Disabilities
The CSR partnership aims to promote accessibility, independence and social inclusion by providing assistive...
Project Poshit
WCL Signs MoU with Zilla Parishad Gadchiroli to Launch Project Poshit for Maternal Nutrition 
Western Coalfields Limited has partnered with Zilla Parishad, Gadchiroli, to implement an Anganwadi-based...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
HTFE-25 Engine
HAL HTFE-25 Engine: Indigenous Turbofan Reaches 99.5% Core Speed in Major Test
cm sai
Chhattisgarh Rolls Out Viksit Bharat GRAM Ji Yojana with 125 Days of Employment and Major Development Push
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Sumit Ramteke tn
How NAFED is Strengthening Farmers, Markets and Food Security
Piyusha Jagtap
ADVERTISEMENT
ADVERTISEMENT