India being the second largest market for Hawk after the UK, both the partners could think of working on new projects in 17 countries where BAE has its presence, he said in a statement after visiting an HAL facility here.
HAL Chairman R K Tyagi said the state-owned aeronautical company would be keen to carry forward this relationship.
A new business model such as Performance Based Logistics (PBL) could be an area of cooperation with HAL learning from BAE experiences, he said.
Currently, HAL produces Hawk Mk, 132 under license from BAE Systems, UK and the first aircraft was handed over to the Indian Air Force in August 2008, he said.
The Hawk Mk 132 is an Advanced Jet Trainer with tandem duel seats meant to provide advanced flying and weapons training, he said.