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Formation of HAL The Company had its origin as the Hindustan Aircraft Private Limited which was incorporated on 23rd Dec 1940 at Bangalore, India by Sir Walchand Hirachand, a farsighted visionary, in association with the Government of Mysore with the aim of manufacturing American aircraft under License in India. On 01st Oct 1964, Hindustan Aircraft Limited and Aeronautics India Limited were merged and the new entity was christened as "Hindustan Aeronautics Limited