BEL launches BELCOMNET communication network ...
BEL launches Remote Controlled Weapon Station for MBT Arjun Mk II...
New Director (HR) takes charge at BEL...
BEL organises national level seminar on “Role of Startups in Defence”, in association with HAL & BEML Ltd, Bengaluru...
GM (SP) addresses national conference...
Mr M V Gowtama takes charge as CMD of BEL...
BMS College of Engineering wins BEL quiz...
BEL pays Rs.261 cr final dividend to Govt...
All donations towards Prime Minister's National Relief fund (PMNRF) are notified
for 100% deduction from taxable income under Section 80G of the Income Tax Act,
BEL unveiled its new communication network, BELCOMNET, for the Defence/Paramilitary forces and export market, on February 15, 2017, at Aero India 2017.
BELCOMNET, designed and developed by BEL, is a V/UHF secure voice communication network with user specific encryption algorithm. The network facilitates exchange of secure voice through repeaters that are dispersed geographically. This enables connecting two or more dispersed locations for day-to-day communications. For example, brigades in field and headquarters across towns can be connected using IPv6 features. It also facilitates broadcasting to all sites, in case of an emergency or a crisis.
The various blocks of this network are Handheld Radio, Manpack Radio, Base Station radio, Vehicular Radio, VHF Repeater Radio, UHF Link Radio and Remote Monitor & Switching Unit (RMSU). The VHF repeater, UHF link and RMSU are co-located and installed together at a communication tower site. The mobile subscriber radios around the repeater are handheld, manpack, vehicular whereas static subscriber is base station.
The typical communication range of handheld radios around the repeater is approximately 5 km and that of the manpack, base station and vehicular radios is around 15-20 km. The range of the UHF point to point link is around 60-100 km with directional antennas. The antennas for Repeater, UHF link and Base Station are mounted on elevated platforms such as tower, mast or pole. Broadcast or selective call is possible from subscriber radio under one repeater network to subscriber radio(s) under different network in clear/secure mode. Provision for peer-to-peer communication among different radios without repeater is also catered to.
BEL unveiled a new Weapon Control system — Remote Controlled Weapon Station (RCWS) / Air Defence Weapon Station (ADWS) for 12.7 mm Gun of MBT Arjun Mk II battle tank, at Aero India 2017 in Bengaluru on February 14, 2017.
The RCWS is an improvised version of the manually operated air defence gun. It enables the soldier to aim and fire at aerial targets from the safe interiors of the battle tank. Presently, the 12.7 mm guns of all tanks are manually operated. RCWS integrated on MBT Mk II has successfully completed tank integration and firing trials in September 2015. RCWS has also been developed for use in Armed Repair and Recovery Vehicle (ARRV). It can also be mounted on hovercraft / fast moving boats for the Coast Guard.
The features of RCWS include: Remote Firing option; Automatic Cocking; DSP Based Brushless Drive Technology; 2 Axis Self-stabilised platform; Day Camera & Night Vision; Automated FCS & Ballistics corrections; and Automatic Target Tracking.
The RCWS for MBT ARJUN Mk II is intended to lay and stabilise the NSVT 12.7 mm machine gun along with the optical sensors in traverse and elevation mounted on the MBT turret. The system allows the operator to control the gun and sight from the operating console and joy stick from inside the turret. The optical sensors include a day camera, Thermal Imager and a Laser Range Finder integrated on a single housing. The system allows automatic target tracking for air and ground targets and performs necessary ballistic computations to feed the ballistic offsets to the gun / sight. The system has a provision for the operator to do automatic loading and firing of the gun.
The system can operate on power mode without stabilisation or in stabilised mode where the gun along with the optical sensors is stabilised. The system can position the turret with an angular travel of 360 deg and elevate the gun in 60 to -5 degree elevation. The sight has a freedom of +/- 17 degree in azimuth and in elevation it can move from -5 to +60 degree. It operates from the 28V DC power source available on the tank. The RCWS meets all environmental specifications and EMI specifications as per MIL STD 461 F.
Mr R N Bagdalkar took charge as the new Director (Human Resources) at Navratna Defence PSU Bharat Electronics Ltd (BEL) on January 23, 2017. He was working as Executive Director of BEL’s Hyderabad Unit before the elevation.
Mr Bagdalkar joined BEL-Bangalore in March 1984 after completing BE in Electronics and Communications from HKE Society’s Engineering College (now known as PDA College of Engineering), Gulbarga, in May 1983. He was posted to BEL-EMD Hyderabad in May 1985 as part of the core team. He completed PG Diploma in Computer Systems in 1987 from the Institute of Public Enterprise, Hyderabad.
At Hyderabad Unit, he worked for 27 years, in D&E, Testing, System Integration and installation and Commissioning of Electronic Warfare (EW) systems. After working on various EW systems, he went on to head the state-of-the-art Intelligence Electronic Warfare Project for the Indian Navy.
As Head of D&E at Hyderabad Unit, he led his team to successfully complete various projects for Navy, Army and Export. He also initiated a number of in-house technology development modules which will be basic building blocks for futuristic EW systems. He has also built a strong software team; today, the complete software requirement of BEL-Hyderabad is met in-house.
He was elevated as General Manager (Technology Planning)/BEL-Corporate Office on July 1, 2012. He worked as General Manager (Technology Planning)/BEL-Corporate Office for a short period before taking over as General Manager, BEL-Hyderabad in November 2012. He was promoted as Executive Director on August 11, 2016.
During the year 2013-14, under his leadership, BEL-Hyderabad achieved a turnover of Rs. 550 crores, which translated to a per employee turnover of Rs. 1 crore. During the last two years, the performance of BEL-Hyderabad has been consistent and the order book has been on the growth path. The Unit has received Business Performance Awards for 2013-14 and 2014-15.
A one-day national level event was organised by BEL in association with HAL and BEML, Bengaluru, on January 6, 2017, at the BEL Officers’ Club, Jalahalli, premises. The objective of the programme was to provide a platform for Defence PSUs and start-ups to showcase mutual capabilities, create awareness on avenues and opportunities and to facilitate interaction with each other to help identify areas of partnerships in manufacturing as well other areas like design, development and services.
The seminar stressed on the fact that Indian DPSUs, BEL and HAL, are increasingly looking at Indian startups for small, low-cost military grade innovations to minimise imports to achieve self-reliance and indigenisation. DPSUs need ideas that can become workable military devices at the earliest and startups in Defence Electronics or Aerospace must brave stringent quality and reliability standards and upgrade constantly to stay in the race. BEML brought out the point that opportunities exist for startups even in the form of reducing the weight of the trucks so that they can carry more equipment or help them to monitor the tyre condition better.
In addition to the startup companies from across India, the seminar was attended by officials from Department of IT, BT and S&T, Government of Karnataka, Incubation Cells, academicians, members of industry associations like NASSCOM, IESA, ELCINA and officials from BEL, HAL and BEML. Various policies of the Government of Karnataka for startups, registration procedure, areas of interest, funding by Government of Karnataka, the way forward, etc were highlighted in the presentations.
As many as 72 participants representing around 40 startup enterprises from across India and around 60 officials of BEL, HAL and BEML attended the programme. Some of startups who made presentations during the seminar include Tantragyan Solutions, Signal Chip Innovations (P) Ltd., Crion Technologies, Zumi Solutions (P) Ltd., Lekha Wireless Technologies, ProInn Consuyltancy, Open Invention Network, Asmaitha Wireless Technologies Ltd., Elseq Technologies of Bengaluru and Trinity Simulations (Pune) & Aarjay International and MEL Systems (Chennai).
The inaugural session was attended by Mr Gowtama M V, Chairman & Managing Director, BEL, Dr Ajit T Kalghatgi, Director (R&D), BEL, Mr Muralidhara R H, Director (Defence), BEML, and Mr A Selvaraj, GM (Indigenisation), HAL, Bengaluru. The above dignitaries addressed the participants and highlighted the efforts being put by Governments to promote startups in the Indian industrial ecosystem. As part of representation from the academia, two presentations by Prof Sampath Kumar, CEO & Member Secretary, Sona Business Incubation Center (SBIC), SONA College Of Technology, Salem, Tamil Nadu, and by Dr Lingaraju of MS Ramaiah Institute of Technology, Bengaluru, were made covering various support measures extended to startups, thrust areas, indigenisation opportunities for industries, networking and ecosystem building, outsourcing & vendor development, funding activities etc, with respect to startups by their respective institutions.
Integrity Pledge was also administered to all participants of the programme during the inaugural session.
Mrs Shikha Gupta, GM (Strategic Planning), addressing the National Conference on ‘Defence Production: Self-reliance & Beyond’ held at New Delhi on December 14, 2016
Bengaluru, November 8, 2016: Mr M V Gowtama has taken charge as the Chairman & Managing Director of BEL.
He joined BEL at Ghaziabad Unit in January 1983 as a Probationary Engineer. He was initially posted to the D&E-Radar Division where he contributed to the development of Receiver sub-system of Cyclone Warning Radar. In about three-and-half years, his team was able to design, develop, manufacture, deliver and commission the first Cyclone Warning Radar at Paradip in Orissa. The Cyclone Warning Radar development team won the R&D Award.
Mr Gowtama was transferred to Hyderabad Unit in May 1986. At Hyderabad Unit, he worked in the D&E, Testing, System Integration, Installation & Commissioning groups of Ajanta project till 1998. His team developed in-house the high voltage power supplies for Ajanta, which was commended by then CMD. He completed MTech in Advanced Electronics from Jawaharlal Nehru Technological University, Hyderabad, even while in service.
From 1998 to 2006, he worked on the Sangraha programme of Indian Navy. With ToT from DLRL, his team developed different ESM systems for submarines, helicopters, medium and long-range aircraft. They also developed in-house a light-weight ESM system for small ships called Sanket. Traditionally, project teams at Hyderabad used to look after ToT, development, testing and installation and commissioning activities. However, a new D&E division was established in 2006 to address future businesses in line with the new defence procurement policy and Mr Gowtama had the opportunity to lead this D&E group as AGM. He was able to establish strong R&D teams at Hyderabad Unit for product/sub-system development, engineering for different platforms and development of complex software.
Mr M V Gowtama took over as GM (Technology Planning)/BEL-Corporate Office, on February 1, 2010. Later he served as GM (Milcom)/BEL-Bengaluru and was Executive Director (Missile Systems)/BEL-Bengaluru till his elevation as CMD, BEL.
Mr M V Gowtama was born on June 26, 1961, in Tenali, the small yet famous town of Andhra Pradesh. He completed his B. Tech in Electronics and Communications from Sri Venkateswara University College of Engineering, Tirupati, in 1983.
Bengaluru, November 18, 2016: The team from BMS College of Engineering, Bengaluru, comprising Mr Suhas G Pai and Mr Hareesha G Pai, won the first prize comprising a cash prize of Rs.20,000/- at the annual quiz conducted by BEL for engineering students at BEL’s Bangalore Complex on November 18, 2016. The quiz was an initiative of BEL’s Corporate Communication Division to raise scientific awareness among students of 24 engineering colleges which were shortlisted from in and around Bengaluru.
The team from PES Institute of Technology, Bengaluru, comprising Mr Niyam B Joshi and Mr Sasidhar G V, won the second prize (Rs.15,000/-) and the team from Dr Ambedkar Institute of Technology, Bengaluru, comprising Mr Jaffer Nadeem and Mr Rohan Manoor won the third prize (Rs. 10,000/-).
The prizes were presented to the winners by Mrs Shikha Gupta, GM (Strategic Planning)/BEL-Corporate Office, and Mr Shivakumaran K M, GM (HR)/BEL-Bangalore, in the presence of senior executives from Corporate Communication, Bharat Electronics Quality Institute and other Divisions.
New Delhi, October 24, 2016: BEL has paid a total dividend of 170% to the Government of India for 2015-16. Mrs Anandi Ramalingam, Director (Marketing), BEL, along with Mr M V Gowtama, Executive Director (Missile Systems)/BEL-Bengaluru, presented the 145% final dividend cheque of Rs. 261,06,18,135/- (Rupees two hundred and sixty one crores six lakhs eighteen thousand one hundred thirty five only), payable on the shares held by the President of India and Government nominee, to the Defence Minister, Mr Manohar Parrikar, at New Delhi on October 24, 2016. The 25% Interim Dividend was paid to the Government of India in February 2016.
BENGALURU, September 19, 2016: BEL is setting up an advanced night vision products factory at Nimmaluru, AP near Machilipatnam in Krishna district of Andhra Pradesh. It will be the largest such facility in the country once it is commissioned, covering an area of over 50 acres.
Mr M Venkaiah Naidu, Hon’ble Union Minister for Urban Development, Housing and Urban Poverty Alleviation, Information and Broadcasting, laid the foundation stone for this facility on September 19, 2016, in the presence of Mr N Chandrababu Naidu, Hon’ble Chief Minister of Andhra Pradesh, Mr Y S Chowdary, Union Minister of State for Science & Technology, Mr S K Sharma, CMD, and other distinguished guests.
The advanced night vision products factory at Nimmaluru will enable BEL to expand its Electro-Optics business and carry out manufacturing and integration for the ongoing and upcoming projects. It will have state-of-the-art technology and infrastructure such as modern optics workshops, clean rooms of the highest standards, facility for Thin Film coating with higher durability and other modern SPDT and CNC Machines.
The new facility is about 16 km from the existing Unit of BEL at Machilipatnam. It will be built in stages and the estimated investment will be about Rs.300 crores over four years’ period. As part of diversification and business growth, BEL is looking for major expansion into high-end Image Intensifier Tubes and Thermal Imaging detectors for Night Vision Products, Inertial Navigation Systems, Electronic Ammunition Fuses, Air Traffic Management Radars, Intelligent Traffic Management Systems and Solar Power Plants.
Mrs Anandi Ramalingam took charge as Director (Marketing) on September 16, 2016. She was GM (Milcom) at BEL-Bengaluru before her elevation.
Mrs Anandi Ramalingam joined BEL-Bangalore in March 1985 after completing her BE in Electronics and Communication Engineering from the PSG College of Technology, Coimbatore. For the next 20 years, she gained diverse experience in equipment testing working across various domains of military communication including heading testing for ‘Shakti”, the flagship Artillery Combat Command and Control System, developed by BEL and DRDO for the Indian Army and AREN (Army Radio Engineered Network) winning the Raksha Mantri’s Award. During this period, she was also awarded the Executive Excellence Award, in the very first year of its inception.
In 2004, she was roped in as part of the team formed to set up the Marketing Division for the Military Communication & Electronic Warfare SBU at Bangalore Complex. The team pioneered proactive business development practices in BEL and gradually assisted other SBUs in establishing effective marketing systems. In 2007, she was elevated as the Marketing Head of the Military Communication SBU where her team could achieve record growth in order book and turnover.
In 2010, Mrs Anandi Ramalingam moved to the International Marketing Division (IMD) to head Defence Offsets, establishing BEL as a reliance global supply chain partner for multiple foreign OEMs and facilitating substantial growth of BEL’s export order book.
In December 2014, she moved to the National Marketing Division as GM. Within a short span of time, she saw to it that BEL’s order book grew significantly. In May 2016, she assumed charge as GM (Milcom) at BEL-Bangalore and steered the business till her elevation as Director.
BEL has won the India Skill Award (2016) in recognition of ‘augmenting skill development processes for the country by engaging maximum apprentices’ in the category of Central Public Sector from the Ministry of Skill Development & Entrepreneurship, Government of India. Mr Veeresh D Bevinamarad, GM (HR)/CO, and Mr Ravishankar, K G, AGM (CLD)/BG, received the award from Mr Rajiv Pratap Rudy, Minister of State (Independent Charge), Skill Development and Entrepreneurship.
BENGALURU, August 26, 2016: BEL has won the Dun and Bradstreet Indias Top PSU Award 2016 in the Manufacturing: Medium and Light Engineering Sector category. Mr M M Joshi, Executive Director (National Marketing), BEL, received the award for BEL from Mr Anil Swarup, Secretary, Ministry of Coal, Government of India, at the awards ceremony held at New Delhi on August 22, 2016. The occasion also marked the launch of the 9th edition of Dun and Bradstreet India’s publication, ‘India’s Top PSUs 2016’.
Bangalore, August 23, 2016: BEL has won the Government of Karnataka State Export Excellence Award for the year 2014-15 in the 'Electronics and Communications (excluding IT/BT & ITES sector) Medium/Large Enterprise Sector’ category. Dr Ajit T Kalghatgi, Director (R&D), BEL, received the award for BEL from Mr Siddaramaiah, Chief Minister of Karnataka, at the awards ceremony organised at Bengaluru by the Visvesvaraya Trade Promotion Centre on August 23, 2016.
BENGALURU, August 19, 2016: Mr S K Sharma, Chairman and Managing Director of Navratna Defence PSU Bharat Electronics Ltd (BEL), has been awarded as the Most Enterprising CEO in Electronics Sector by the Indo Global Business Council (IGBC), a policy think tank based in New Delhi. Mr M M Joshi, Executive Director (National Marketing), BEL, received the award on behalf of CMD at an award function held in Delhi on August 12, 2016.
BENGALURU, June 24, 2016: An 87-year-old school at Ballupet, which was in a dilapidated condition with leaking roof and crumbling stone pillars, has got a new lease of life, thanks to the efforts of BEL. BEL has constructed a new building for the Government Higher Primary School with 10 classrooms, staff room and HM room, separate toilet blocks for boys and girls, kitchen and store room, facility for hand wash, borewell and a boundary wall apart from providing furniture for the classrooms and staff room, as part of its CSR activities. The entire project was completed in nine months at a cost of Rs. Rs.1.85 crores. The school houses 125 students, mostly from economically weaker families, and needed more classrooms as the student strength was on the rise. The new building, located at Ballupet in the Sakleshpur taluq of Hassan district, was inaugurated on June 23, 2016, by Mr M L Shanmukh, Director (HR), in the presence of Mr H D Deve Gowda, former Prime Minister and Hassan MP. Mr A Manju, Minister for Sericulture & Animal Husbandry, Government of Karnataka, was the Guest of Honour. Mr H K Kumaraswamy, Sakleshpur MLA, presided over the function. Dignitaries from BEL included Mr Nataraj Krishnappa, Director (Other Units), and other senior officers.
BENGALURU, July 12, 2016: BEL has won four PSE Excellence Awards 2015, instituted by the Indian Chamber of Commerce, Kolkata: second prize in ‘Operational Performance Excellence’, second prize in ‘R&D, Technology Development and Innovation’, ‘third prize in Corporate Governance’ and third prize in ‘HR Management Excellence’, under the Navratna category. Mr Girish Kumar, Director (Bangalore Complex), BEL, and Mr M M Joshi, GM (National Marketing), BEL, received the awards from Mr T N R Rao, Chairman for the PSE Excellence Awards jury and former Petroleum Secretary, at the awards function held at New Delhi on July 6, 2016. Dr Bhaskar Chatterjee, CEO, Indian Institute of Corporate Affairs, and former Secretary, DPE, was present.
BENGALURU, June 21, 2016: BEL has been chosen as one of ‘India’s Top 500 Companies’ at the Dun & Bradstreet Corporate Awards 2016 function held in Mumbai recently. Mr M M Pandey, GM (Navi Mumbai), BEL, received the award for BEL from Dr Bibek Debroy, Member, NITI Aayog, Government of India, the chief guest. The occasion also marked the launch of the 16th edition of Dun & Bradstreet India’s publication, ‘India’s Top PSU Awards 2015’ by Dr Bibek Debroy and Mr Anil Swarup, Secretary, Ministry of Coal, Government of India, special guest. ‘India’s Top 500 Companies’ are in all respect the driving force of the economy. Dun & Bradstreet, leading provider of business knowledge and insights, in its premier publication, ‘India’s Top 500 Companies’ acknowledges and felicitates these companies, which are torchbearers in their respective sectors of the Indian economy.
Bengaluru,June 8,2016:Mr S K Sharma is seen addressing a press conference at Bengaluru on June 8, 2016. BEL registered 12% growth during 2015-16 by registering a turnover of Rs.7,522 crores. Also seen are (from left) Mr Girish Kumar, Director (Bangalore Complex), Mr P C Jain, Director (Marketing), Mr M L Shanmukh, Director (HR), Dr Ajit T Kalghatgi, Director (R&D), Mr P R Acharya, Director (Finance), and Mr Nataraj Krishnappa, Director (Other Units).
BENGALURU, April 25, 2016:Distinguished speakers and guests at the World Health Day programme on ‘Halt the Rise – Beat Diabetes’, organised by BEL Hospital at Rashtrakavi Kuvempu Kalakshetra, Jalahalli, Bangalore. They are (Left-Right) Mr Veeresh D Bevinamarad, GM (HR)/BEL-Bengaluru, Mr P R Acharya, Director (Finance), BEL, Mr M L Shanmukh, Director (HR), BEL, Dr Rajeshwari Janakiraman, Endocrinologist, Columbia Asia Hospital, Bengaluru, Dr Laxmi Ananth, Chief Medical Officer, BEL Hospital, and Dr Girish, Nephrologist, M S Ramaiah Memorial Hospital, Bengaluru.
BENGALURU, April 25, 2016:Navratna Defence PSU Bharat Electronics Ltd (BEL) celebrated World Health Day on April 20, 2016. To mark the occasion, the BEL Hospital arranged a health awareness programme, featuring talks by eminent doctors of Bangalore city on the theme, ‘Halt The Rise – Beat Diabetes’, at Rashtrakavi Kuvempu Kalakshetra, Jalahalli, Bangalore. Mr M L Shanmukh, Director (HR), BEL, and Mr P R Acharya, Director (Finance), BEL, were the chief guests. Mr Veeresh D Bevinamarad, GM (HR)/BEL-Bengaluru, presided over the function.
Dr Rajeshwari Janakiraman, Endocrinologist, Columbia Asia Hospital, Bengaluru, and Dr Girish, Nephrologist, M S Ramaiah Memorial Hospital, Bengaluru, were the distinguished speakers on the occasion. Dr K T Sujay, Assistant Chief Medical Officer, BEL Hospital, gave the welcome address. Dr Laxmi Ananth, Chief Medical Officer, BEL Hospital, introduced the theme to the audience. Dr Rajeshwari Janakiraman gave a lecture on the topic, ‘Diabetes and its Prevention’. Dr Girish spoke on ‘Care of Kidneys in Diabetics’.
Dr Rajeshwari Janakiraman observed that cases of diabetes were fast increasing these days across all age groups. The trend was more noticeable in rural areas. Even children are becoming prone to the disease. Diabetes is a silent killer as it can lead to blindness, kidney failure, heart attack, stroke and lower limb amputation. Acute diabetes can result in dehydration, frequent infection or electrolyte imbalance. As per statistics, it has the potential to become the 7th leading cause of deaths by 2030, she said. Explaining the parameters of detecting diabetes mellitus, Dr Rajeshwari Janakiraman said that if the fasting sugar is >126 and postprandial blood sugar (2 hours after meal) is >200, a person is said to be diabetic. If the random blood sugar is >200 it would be a case of symptomatic diabetic.
Ways to prevent diabetes include avoiding tobacco and alcohol, following a healthy diet and engaging in regular physical activity. One should include lot of fibrous food like vegetables and fruits in one’s diet. The intake of white sugar should be limited and iodised salt should only be consumed. A platter of food should contain 25% starch, 25% protein and 50% fiber. How the food is cooked is equally important. The usage of oil should be limited to 0.5 kg per month, per person. Walking 30 minutes daily at a moderate speed (5 kmph) at least 5 days a week or 150 minutes per week reduce the LDL (bad cholesterol) and improve HDL (good cholesterol). A diabetic person should get a medical check-up done every four months and start treatment at the earliest lest the disease worsens. Urine, feet and eyes should be checked regularly.
There is no general medication for diabetes. Each patient needs specific treatment and medication. The lectures were followed by an interaction session. Dr B S Jayashree, Assistant Chief Medical Officer, proposed the vote of thanks.
BENGALURU,April 6,2016:Navratna Defence PSU Bharat Electronics Ltd (BEL) has won the ‘Dainik Bhaskar India Pride Award’ in the Defence category for the year 2015-16. Mr Girish Kumar, Executive Director (Radar) & Unit Head, BEL-Ghaziabad, received the award from Mr Ravi Shankar Prasad, Union Minister for Communications and Information Technology, along with Mr V B Gupta, Senior Deputy General Manager (Management Services & Public Relations)/BEL-Ghaziabad, at the awards ceremony held at New Delhi on April 4, 2016. The Dainik Bhaskar media group has instituted the ‘India Pride Awards’ to honour PSUs which have made significant contributions to the growth of the Indian economy.
BENGALURU, April 1, 2016:Navratna Defence PSU Bharat Electronics Limited (BEL) has ended the year 2015-16 by registering sales turnover (provisional) of Rs.7,510 Crores, a growth of 12% over the previous year’s turnover of Rs.6,695 Crores.
BEL achieved exports worth USD 85 Million in 2015-16, registering a growth of 47% over the previous year’s export turnover of USD 58 Million.
Some of the major projects executed during the year are Akash Missile System, Low Level Light Weight Radar, Naval Communication and Fire Control Systems, Night Vision Devices, 3D Tactical Control Radar, Schilka Weapon Upgrade, Shipborne Electronic Warfare System, Hull Mounted Sonar Humsa 3G, Heliborne Surveillance & Targeting System and L-70 Gun Upgrade.
BEL Chairman & Managing Director S. K. Sharma said, “During the year the company has given enhanced thrust on self-reliance and capacity building, higher investments in R&D and modernisation, forging new collaborations with technology partners and increased outsourcing to SME sector. These efforts will enable BEL to effectively address future opportunities in defence business and achieve the desired growth.”