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

“Whoever has a smartphone and a social media account is a journalist today”

In a scathing attack on media, political analyst Shehzad Poonawala has said that the time of media is gone and anyone with a smartphone and a social media account  can be a journalist today. While speaking to Kailashnath  Adhikari, MD, Governance Now, during the Visionary Talk seri

All you want to know about Republic Day celebrations 2021

India is celebrating the 72nd Republic Day on Tuesday. Attendance at the main celebrations in the capital is limited given the pandemic, yet Covid-19 has not dampened the spirit of the occasion. India’s military might, cultural diversity and social-economic progress will be on display at the majestic

How much time do you spend talking on phone?

How much time do Indians spend talking on phone? It is on average 761 minutes per month, according to a new report from the Telecom Regulatory Authority of India (TRAI). The telecom regulator released its report, titled ‘The Indian Telecom Services Performance Indicators: July-Septemb

“Developing public health infrastructure key to sustainable healthcare for all”

Renowned cardiologist Dr Ramakanta Panda has said that the pandemic has exposed the inadequacy of existing healthcare systems and it is wrong to draw comparisons with Korea, a country with the population equal to that of a single Indian state. While speaking to Kailashnath Adhikari, MD, Gove

SC-appointed panel on farm laws holds first meet

The committee of experts appointed by the supreme court to deliberate with the stakeholders on the new farm laws held its first meeting here Tuesday, with one of its members saying that all stakeholders, including individual farmers, will be heard. Hearing a petition on the farm laws enacted

India’s glitch-free vaccination gathers pace

The nationwide vaccination campaign launched Saturday, the largest such exercise in the world, has started setting new benchmarks, with vaccines administered to 2,24,301 beneficiaries in the first two days. “India has vaccinated the highest number of persons on Day1 under its COVID19 v

Visionary Talk with Shehzad Poonawalla On the State of Current Affairs





Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter