<h1>HAL Achieves Maharatna Status: Gains Greater Financial Autonomy to Boost Investments and Speed Up Project Implementation.</h1> Hindustan Aeronautics Limited (HAL) has achieved Maharatna status, becoming the 14th Central Public Sector Enterprise in India to receive this recognition. This status, approved by the Finance Minister, provides HAL with greater financial autonomy, enhancing its ability to make significant investment decisions and fostering quicker project implementation. HAL's impressive financial performance, with a turnover of Rs. 28,162 crore and a net profit of Rs. 7,595 crore for the fiscal year 2023-24, underscores its pivotal role in India's aerospace and defense sectors. The company is also advancing indigenous production, notably through a contract to produce aero engines for the Indian Air Force.