Hindustan Aeronautics limited comes under which sector?

Question

Question

This question was previously asked in

SSC MTS (2022) Official Paper (Held On: 03 May 2023 Shift 3)

Answer 1

The correct answer is Public sector.

Key Points

Hindustan Aeronautics Limited (HAL) is an Indian state-owned aerospace and defence company headquartered in Bangalore, India.
It is governed under the management of the Indian Ministry of Defence.
The public sector consists of organizations and institutions owned and operated by the government.
They provide services to the public, and the revenue comes from the government treasury.
HAL is involved in the operations of the aerospace industry, including the manufacturing and assembly of aircraft, navigation, and related communication equipment, as well as operating airports.
It provides these services to the Indian Armed Forces predominantly and has a significant role in the defense sector of the country.

Additional Information

Sector	Explanation
Co-operative Sector	This sector includes organizations run by the people themselves for mutual benefit. They aren't owned by the state and their aim is to serve the interests of their members rather than to earn profits. Examples include credit unions, cooperative housing, and farmers' co-ops.
Private Sector	The private sector consists of organizations and institutions that are not controlled by the government. These organizations are run by individuals or companies with the aim of making a profit. Examples include private companies like Tata Motors, Reliance Industries, and Infosys.
Foreign Sector	The foreign sector is made up of businesses and industries from other countries operating in different countries. These can include multinational corporations, international organizations, and foreign governments. Examples would be companies like Microsoft, Toyota, and Nestle operating in India.