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BEL registers turnover of 8,800 cr in 2016-17
Bharat Electronics Limited, (BEL) which has ended the year 2016-17 by registering a turnover of Rs. 8,800 crores (provisional), with a growth of 17% over the previous year’s turnover of Rs. 7,522 crores, executed some of the significant orders during the year that include Akash Weapon System,
Growth of 17 pc over the previous year
Hyderabad: Bharat Electronics Limited, (BEL) which has ended the year 2016-17 by registering a turnover of Rs. 8,800 crores (provisional), with a growth of 17% over the previous year’s turnover of Rs. 7,522 crores, executed some of the significant orders during the year that include Akash Weapon System, HHTI with LRF, 3D Tactical Control Radar, Weapon Locating Radar, Fire Control Systems, Integrated Air Command & Control System, Radio Relay Frequency (LB), L 70 Gun Upgrade, Ship Borne EW System (Varuna), Low Level Transportable Radar and L70 Gun Upgrade.
Some of the new products / systems introduced during the year were Weapon Locating Radar, BFSR – XR, Hull Mounted Sonar NG, USHUS 2, ACCS for IAC, GBE SDN P 15B, Beacon Mk III, Ship Borne EW System (Varuna), Coastal Surveillance System for Maldives, Voter Verifiable Paper Audit Trail Mk 2 and Missile Two way Data Link.
During the year 2016-17, the Company received many orders. Significant among these orders include LRSAM with MFSTAR, ACCS for P17, Electronic Voting Machine, L Band Static Tropo Upgrade, EW Suite (Shakti & Nayan) and GBE SDN P17, Hand Held Thermal Imager, Low Intensity Conflict EW System, Home Land Security and ALG Communication.
BEL will continue its indigenisation efforts in keeping with the ‘Make in India’ initiative. Radars, Missile Systems, Communication & Network Centric Systems, Tank Electronics, Gun Upgrades, Electro-Optic Systems and Electronic Warfare & Avionics Systems will drive BEL’s growth.
The Company is pursuing business opportunities in Solar Energy, Homeland Security, Smart Cards and Telecom. Strategies and action plans in place to face competition, maintain technological edge and retain leadership position in strategic electronics.
