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Bharat Electronics Limited

Bharat Electronics Limited is an Indian state-owned aerospace and defence company with about nine factories, and several regional offices in India. It is owned by the Indian Government and primarily manufactures advanced electronic products for the Indian Armed Forces.

Guided by a farsighted vision to make the country self-reliant in Defence electronics, Bharat Electronics Limited (BEL) was set up in Bangalore in 1954 by the Government of India under the Ministry of Defence (MoD). From a humble beginning, BEL has come a long way. It is now a Navratna PSU and India’s foremost Defence electronics company.

BEL is a multi-product, multi-technology, multi-Unit conglomerate boasting of over 350 products in the areas of Radars, Missile Systems, Military Communications, Naval Systems, Electronic Warfare & Avionics, C4I Systems, Electro Optics, Tank Electronics & Gun/Weapon System Upgrades, Solar Photovoltaic Systems, Electronic Components and civilian products. The gamut of products includes small components costing a few rupees to huge systems costing crores of rupees. With its expertise developed over the years, the company also provides turnkey systems solutions. While Defence continues to contribute to nearly 80 to 85% of its revenue, BEL has touched a chord with the common man through civilian products like solar traffic signals and Electronic Voting Machines (EVMs). BEL’s reliable and tamper-proof EVMs have redefined voting in India, facilitating free and fair elections. BEL’s customers include the Army, Navy, Air Force, Paramilitary, Coast Guard, Police, Doordarshan, All India Radio, Department of Telecommunications and consumers of professional electronic components.

Research & Development has been one of BEL’s core strengths, helping it maintain it’s pre-eminence in Defence electronics. The Company has been spending about 8% of its turnover on R&D. BEL has extensive infrastructure — its manufacturing network is spread over 9 Units located across the country. BEL provides after sales support whenever and wherever required, irrespective of time or terrain. For instance, its support to the Defence forces during the Kargil operation was well appreciated.

Highlights of 2015-16

BEL registered a growth of 12% in 2015-16. The Company recorded a sales turnover of Rs. 7,522 crores in 2015-16 as compared to Rs. 6,695 crores in the previous year. The Profit Before Tax was Rs.1,809 crores for 2015-16 as against Rs 1,467 crores in 2014-15. The Profit After Tax was Rs.1,358 crores for 2015-16 as against Rs 1,167 crores in 2014-15. Exports registered a growth of 47% as the turnover increased from US $58 Million in 2014-15 to US $85 Million in 2015-16. The Turnover Per Employee was Rs.76.38 lakhs. The Value Added per Employee was Rs. 33.49 lakhs. BEL has an Order Book value of Rs.32,022 crores as on April 1, 2016. An important milestone of the year was the induction of the Akash Missile System into Indian Air Force and Indian Army.

Major Orders Executed

Some of the significant orders executed during 2015-16 include supply of Akash Weapon System (Indian Army & Indian Air Force), 3-D Tactical Control Radar (Army), Schilka Upgrade (Army), Passive Night Vision Devices (Army), Low Level Light Weight Radar (Air Force), Fire Control System (Navy), Integrated Sonar Suite (Navy), Ship Data Network (Navy), New Generation Sonars (Navy) and L Band Surveillance Radar for Export (Myanmar).

Business Initiatives

New Business Initiatives taken include laying the foundation stone for a new Defence Systems Integration Complex at Anantapur district to expand the Missile Systems business and another state-of-the-art Advanced Night Vision Products Factory at Nimmaluru village in Krishna District of Andhra Pradesh.

Make In India Initiatives

BEL has been doing it bit to promote the Government’s Make in India initiative. BEL is focusing more on core areas and R&D, even as all non-core areas are being outsourced to Indian industries including MSMEs. A long-term Outsourcing & Indigenisation Policy has been released. Nodal officers for outsourcing and vendor development have been nominated. Annually, around 800 new indigenous vendors are added.

 

Outlook For The Future

BEL will continue its indigenisation efforts in keeping with ‘Make in India’ initiative. Radars, Missile Systems, Communication & Network Centric Systems, Tank Electronics, Gun Upgrades, Electro-Optic Systems and Electronic Warfare & Avionics Systems to drive BEL’s growth. The Company is pursuing business opportunities in solar energy, homeland security, smart cards and telecom. Strategies and action plans are in place to face competition, maintain technological edge and retain leadership position in strategic electronics.  

Awards

  • Dun & Bradstreet ‘India’s Top 500 Companies’ Award 
  • Dun & Bradstreet India’s ‘Top PSU Award 2016’ in the ‘Manufacturing: Medium & Light Engineering Sector’ category
  • India Skill Award 
  • Karnataka State Export Excellence Award 
  • Excellence Award for Official Language Implementation 
  • Dainik Bhaskar India Pride Awards
  • Governance Now PSU Awards in the categories of Technology Adoption, Environmental Sustainability and Research & Development (Navratna) 
  • IEI Industry Excellence Award 
  • PSE Excellence Award
  • 3rd elets PSU Summit Award
 
 

 

Bharat Electronics Limited news

BEL join hands with the Government of India in this campaign

New Delhi: The Government of India is taking all necessary steps to ensure that we are prepared well to face the challenge and threat posed by the growing pandemic of COVID-19, due to the novel Corona Virus. With the active support of the people of India, we have been able to contain the spread o
Posted Date :  14-10-20

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BEL Bags ICC PSE Excellence Award for Corporate Governance

New Delhi: Navratna defence PSU Bharat Electronics Limited (BEL) today bagged the PSE Excellence Award 2019 for Corporate Governance awarded by the Indian Chamber of Commerce (ICC) in a virtual ceremony. Mr Dinesh Kumar Batra, Director (Finance), BEL, received the award on behalf of the company.
Posted Date :  12-10-20

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BEL celebrated Gandhi Jayanti

New Delhi: BEL celebrated Gandhi Jayanti on October 2, 2020. The senior Management and staff of BEL Corporate Office today celebrated the 150th birth anniversary of Gandhiji planting saplings and offering floral tributes to the Father of the Nation. Mr Gowtama M V,  CMD, Mrs Anandi Ramalingam,
Posted Date :  02-10-20

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66th Annual General Meeting of Bharat Electronics Limited

New Delhi: Navratna Defence PSU Bharat Electronics Limited (BEL) conducted its 66th Annual General Meeting of Shareholders today, September 30, 2020. Owing to COVID-19, for the first time, the Company organised the meeting through Video Conferencing. As many as101 shareholders of BEL participated
Posted Date :  30-09-20

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Shri P Sampathkumar takes charge as CTO of BEL

New Delhi: Mr P Sampathkumar has taken charge as Chief Technology  Officer (CTO-Communication) of Navratna Defence PSU Bharat Electronics Ltd (BEL). He was working as Additional General Manager (AGM) of BEL’s Design & Engineering Division (D&E) of Military Communication (Milcom) Strategic Busi
Posted Date :  13-09-20

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Shri M V Raja Sekhar takes charge as Director of BEL

New Delhi: Mr M V Raja Sekhar took charge as Director (R&D) of Navratna Defence PSU Bharat Electronics Ltd (BEL) on September 1, 2020. He was working as Chief Scientist of BEL’s Central Research Laboratory (CRL)-Bangalore, and Officer on Special Duty (OSD) at BEL’s Corporate Office, before hi
Posted Date :  01-09-20

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BEL completes manufacturing milestone of 30000 ventilators

Bengaluru: Bharat Electronics Limited (BEL), a Navratna PSU under the Ministry of Defence, is happy to announce today the successful completion of manufacturing 30,000 numbers of ICU Ventilators in a record time to help GoI in its efforts in combating the COVID-19 pandemic. Ministry of Health & F
Posted Date :  14-08-20

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RM announces issue of BEL EoI for indigensiation of strategic products

Bengaluru: The Hon’ble Raksha Mantri, Shri Rajnath Singhji, on Friday announced through Video Conference the Expression of Interest (EoI)/Request for Proposal (RFP) being issued by Navratna Defence PSU Bharat Electronics Limited (BEL) under Inter Governmental Agreement (IGA) and Make-II categor
Posted Date :  14-08-20

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Raksha Mantri launches products indigenously developed by BEL

Bengaluru: The Hon’ble Raksha Mantri, Shri Rajnath Singhji, on Thursday, August 13, 2020, launched through Video Conference two products Linear Variable Differential Transducer (LVDT) and 1kW Transmitter Aerial Switching Rack, indigenously developed for use in various strategic applications, as
Posted Date :  14-08-20

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BEL upgrades ATDS Maareech manufacturing facility

Bengaluru: The Hon’ble Raksha Mantri, Shri Rajnath Singh, on Monday inaugurated through Video Conference the upgraded, state-of-the-art Maareech Integration Facility. Mr Gowtama M V, Chairman & Managing Director, Bharat Electronics Limited (BEL), on the occasion gave a presentation to the H
Posted Date :  10-08-20

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BEL equips Govt. schools in Yadgir district with smart class facility

Bengaluru: Navratna Defence PSU Bharat Electronics Limited (BEL) has, as part of its CSR initiatives, empowered around 13,000 children studying in 122 Government High Schools of Yadgir district, Karnataka, by equipping these schools with solar-powered Smart Class facilities. The total cost of the
Posted Date :  05-08-20

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Shri Raman R took charge as General Manager

Bengaluru: Mr Raman R took charge as General Manager (Internal Audit) of Navratna Defence PSU Bharat Electronics Limited (BEL) on August 1, 2020. He was working as Additional General Manager (Internal Audit) at BEL-Corporate Office prior to his elevation. A post graduate in Commerce and Fello
Posted Date :  03-08-20

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Shri Dinesh Kumar Batra takes charge as Director Finance BEL

Bengaluru: Shri Dinesh Kumar Batra assumed charge as Director (Finance) of Navratna Defence PSU Bharat Electronics Limited (BEL) on August 1, 2020. Mr Dinesh Batra is an alumnus of Harcourt Butler Technical University (HBTU), Kanpur, Indian Institute of Foreign Trade (IIFT), Delhi, and Manage
Posted Date :  03-08-20

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BEL distributes grocery kits to migrant workers through city police

Bangalore: Navratna Defence PSU Bharat Electronics Limited (BEL) has, as part of its CSR initiatives, come forward to lend a helping hand to migrant workers in Bengaluru, impacted by the lockdown implemented countrywide in view of the spread of COVID-19. The Bangalore Complex of BEL today handed
Posted Date :  11-05-20

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AIIMS-Rishikesh partners with BEL

Bangalore: All India Institute of Medical Sciences (AIIMS)-Rishikesh, in collaboration with Navratna Defence PSU Bharat Electronics Limited (BEL), has developed a state-of-the-art health monitoring system to remotely assess the health of COVID-19 suspects/patients quarantined in homes and hospit
Posted Date :  09-04-20

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BEL contributes rs. 12.71 cr to PM CARES fund to combat COVID-19

New Delhi: The employees of Navratna Defence PSU Bharat Electronics Ltd (BEL) have contributed their one day’s salary amounting to Rs. 2.71 Crores to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund. The Company has also released Rs. 10 Crores fro
Posted Date :  02-04-20

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BEL achieves record turnover in excess of rs 12500 crores

Bengaluru: Navratna Defence PSU Bharat Electronics Limited (BEL) posted a turnover in excess of Rs.12,500 Crores (Provisional & Unaudited) during the Financial Year 2019-20. The company had a growth of 6% over the previous year's turnover of Rs.11,789 Crores.   BEL's Order Book a
Posted Date :  01-04-20

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BEL Pays Rs 174 Crore Interim Dividend To Government Of India

New Delhi: Bharat Electronics Ltd (BEL), a Navratna Defence PSU, has paid interim dividend of 140% on its paid-up capital to the Government of India for financial year 2019-20.  Mr M V Gowtama, Chairman & Managing Director, BEL, presented the interim dividend cheque of Rs. 174,43,63,569.20/-
Posted Date :  12-03-20

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BEL Wins 3 Governance Now Awards

New Delhi: Navratna Defence PSU Bharat Electronics Ltd (BEL) has received three ‘Governance Now’ Awards: for Research & Innovation, HR Excellence and Geo-Strategic Reach.   The awards were received by Mr Ranjan Banerjee, GM (Central Marketing), and Mr Sanjay Kumar Dwivedi, Sr DGM (Ce
Posted Date :  24-02-20

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