BEL clocks turnover of Rs 8,800 cr

BEL executed some of the big projects in 2016-17 like Akash Weapon System, Hand held Thermal Imager with Laser Range Finder and 3D Tactical Control Radar among others

GN Bureau | April 10, 2017


#BEL   #turnover   #Bharat Electronics Limited  
 
Navratna defence PSU, Bharat Electronics Limited (BEL) has registered a whopping turnover of Rs 8,800 crores (provisional) in the recently concluded 2016-17 fiscal, a growth of about 17 per cent over the previous year’s turnover.
 
The defence enterprise executed some of the big projects like Akash Weapon System, Hand held Thermal Imager with Laser Range Finder, 3D Tactical Control Radar, Weapon Locating Radar, Upgraded L-70 Guns, Fire Control systems, Hull Mounted Sonar, Radio Relays, Elements of Integrated Air Command and Control system and Ship Borne EW systems among others.
 
“During the year the company’s main focus has been on indigenisation to achieve self-reliance, capacity building and expansion and increased outsourcing to SME sector. The BEL also maintained good order acquisition this year. These efforts will enable BEL to continue to have sustained growth while effectively addressing future opportunities in defence business,” chairman and managing director, BEL, M V Gowtama said.
 

Comments

 

Other News

Election manifestos and voters` Right to Know

Recognising the importance of election manifestos, the supreme court directed the election commission (EC) of India to frame guidelines directly governing the contents of the election manifestos in the case of S. Subramaniam Balaji v. State of Tamil Nadu & Ors. reported in (2013) 9 SCC 659. Although th

No support from govt, says ad veteran Sam Balsara

Advertising veteran Sam Balsara has lamented the lack of support from the government to the industry and said that it has completely ignored the sector. Balsara, the founder, chairman and managing director of Madison World and Madison Communications, said that the government needs to provide

Covid-19: New cases are increasing, but so are recoveries

Even as India continues to record more than 50,000 new Covid-19 infections every day for a week now, there was some hope in the rising number of recoveries as well, with a drop in the case fatality rate and a spike in the recovery rate. Thus, the country recorded the highest single day recov

Breaking new ground in Ayodhya: History is created

History was created as prime minister Narendra Modi participated in the foundation-stone-laying ceremony for the new Ram Temple in Ayodhya on Wednesday, ending centuries of controversy. Modi performed Bhoomi Pujan at `Shree Ram Janmabhoomi Mandir`, in the presence of a very limited number o

How to encourage and support breastfeeding amid pandemic

The most joyous moment of a woman’s life is to breastfeed her baby for the first time. Breast milk is the foundation to build a strong bonding between mother and child and must not be missed by any newborn in its nutrition uptake. The World Health Organization (WHO) is encouraging people to “su

Covid testing: India crosses 2 crore milestone

As part of its 3T strategy of focusing on testing, tracing and treating to contain the Covid-19 pandemic, India crossed a landmark, testing 2,02,02,858 COVID-19 samples so far. This is pursuant to the key strategy followed by state/UT governments under the guidance of the centre for managem

Governance Now 5th PSU IT Forum

Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter