December 25, 2024 07:36 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Former home secy Ajay Kumar Bhalla appointed Manipur Guv amid ethnic violence resurgence | Five soldiers killed, several injured as Army truck falls into Poonch gorge | Allu Arjun quizzed by police in Pushpa 2 stampede case | Wanted Indian drug smuggler killed in the US | Congress leader files complaint against Allu Arjun for 'insulting police' in Pushpa 2: The Rule | Ahead of Jaishankar's US visit, foreign secretary Vikram Misri meets top US diplomats | India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people

BEL achieves turnover of Rs. 8,800 crores

| | Apr 01, 2017, at 10:17 pm
Bangalore, Apr 1 (IBNS): Navratna Defence PSU Bharat Electronics Limited (BEL) on Friday said it ended the year 2016-17 by registering whopping top line figure of about Rs.8,800 Crores (provisional), a growth of about 17% over the previous year’s turnover of Rs. 7,522 crores.

Some of the flagship projects executed during the year include 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, Ship Borne EW systems, etc.

BEL’s Chairman & Managing Director M V. Gowtama said, “During the year the company’s main focus has been on Indigenization to achieve self reliance, capacity building & expansion and increased outsourcing to SME sector. Also, BEL has been able to maintain good order acquisition this year. These efforts will enable BEL to continue to have sustained growth while effectively addressing future opportunities in defence business.”
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.