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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

Shri M V Raja Sekhar selected for director BEL

NEW DELHI . PESB has recommended the name of Shri M V RAJA SEKHAR, Chief Scientist,BEL for the post of Director (Research & Development), Bharat Electronics Limited   Shri M. Venkaiah Naidu interacting with the Union Minister for Petroleum & Natural Gas and Steel, Shri Dharmendra Pradhan
Posted Date :  12-02-20

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BEL signs MoU with CSIR NAL

Lucknow: Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed a Memorandum of Understanding (MoU) with CSIR-NAL for co-operation in the field of Avionics and establishing infrastructure for Composite manufacturing.   BEL is jointly working with CSIR-NAL in developing Avionics Sui
Posted Date :  11-02-20

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BEL signed MoU with JSR Dynamics Pvt Ltd

Lucknow: Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed a Collaboration and Marketing Agreement with JSR Dynamics Pvt Ltd (JSR), a Nagpur-based Start-up company. The agreement aims at leveraging the individual design and manufacturing capabilities of BEL and JSR to develop Glide Bom
Posted Date :  11-02-20

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BEL signed MoU with Lockheed Martin

Lucknow: Lockheed Martin (NYSE: LMT) has signed a memorandum of understanding (MoU) with Navratna Defence PSU Bharat Electronics Limited (BEL) to explore industrial opportunities in the F-21 programme. Lockheed Martin is strengthening and growing its partnerships with the Indian industry to suppo
Posted Date :  11-02-20

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BEL signs MoU with IITM

Lucknow: Navratna Defence PSU Bharat Electronics Limited (BEL) and Indian Institute of Technology Madras (IITM) have entered into an MoU for research collaboration in the areas of ‘Propellants, Explosives and Related Technologies’. Mrs Anandi Ramalingam, Director (Marketing), BEL, and Prof Ra
Posted Date :  10-02-20

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BEL inks contract with MoD for coastal surveillance system

Lucknow: Navratna Defence PSU Bharat Electronics Limited (BEL) has signed a contract with the Ministry of Defence, Government of India, to establish Phase-II of the Coastal Surveillance System or Chain of Static Sensors developed for the Indian Coast Guard (ICG).     The contract envis
Posted Date :  10-02-20

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BEL signs MoU with Sigtech Wireless Technologies Pvt Ltd

Lucknow: Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed a Memorandum of Understanding (MoU) with Sigtech Wireless Technologies Pvt Ltd for the manufacture of Digital Mobile Radio (Tier II) for Paramilitary and Defence. The design and development of Digital Mobile Radio, as per ETSI
Posted Date :  08-02-20

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BEL Indigenous SOC Based Tablet PC Launched

Lucknow: Mr Gowtama M V, CMD, BEL, join top Defence brass to display the System On Chip (SOC) based Tablet PC which was launched in the august presence of Shri Rajnath Singh, Hon'ble Raksha Mantri, Shri Yogi Adityanath, Hon'ble Chief Minister of Uttar Pradesh, and other dignitaries today
Posted Date :  07-02-20

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BEL signs MoU with Elbit and GRSE

Lucknow: Navratna Defence PSU Bharat Electronics Limited (BEL) signed a tripartite MoU with Garden Reach Shipbuilders & Engineers Ltd (GRSE) and Elbit Systems, Israel, on February 6, 2020, at DefExpo 2020.    Mrs Anandi Ramalingam, Director (Marketing), BEL, Cmde S Nayyar (IN Retd), Dir
Posted Date :  07-02-20

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OFB signs MoU with BEL

Lucknow: Ordnance Factory Board (OFB) and Navratna Defence PSU Bharat Electronics Limited (BEL) have signed an MoU to continue their existing co-operation in the field of Air Defence & Artillery Gun Systems, Armoured Fighting Vehicles, Arms & Ammunition and related Products, Systems and Accessori
Posted Date :  07-02-20

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BEL signs MoU with Newspace and Research Technologies

Lucknow: Navratna Defence PSU Bharat Electronics Limited (BEL) and Newspace Research & Technologies Limited (NRT), Bangalore, a Startup company, have entered into an MoU to co-operate in the design, development, manufacturing, integration, testing and supply of Unmanned Systems, Swarm technologie
Posted Date :  07-02-20

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BEL signed Mou with RailTel

New Delhi: Bharat Electronics Ltd (BEL) has signed a Memorandum of Understanding (MoU) with RailTel Corporation of India Ltd for cooperation in the field of Cloud Services, IoT ,eGovernance , Smart cities, Networks for defence projects, Mission Critical Communication Systems for Domestic and Inte
Posted Date :  06-02-20

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BEL wins awards for exports and CSR at aerospace and defense awards

Lucknow: Navratna Defence PSU Bharat Electronics Limited (BEL) has won two awards at the annual Aerospace & Defence Awards organised by International Aerospace — for ‘Excellence in Exports’ and ‘Excellence in Contribution Towards Positive Social Impacts (CSR)’.   Mr Gowtama M V
Posted Date :  05-02-20

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BEL to showcase capabilities at DEFEXPO 2020

Bangalore: At DEFEXPO 2020 to be held in Lucknow, Navratna Defence PSU Bharat Electronics Limited (BEL) will showcase state-of-the-art products and systems spanning every domain of its business – Military Communication, Radar Systems, Missile Systems, Naval Systems, C4I Systems, Electronic Warf
Posted Date :  31-01-20

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Stakeholder Conference At BEL Nalanda

Bengaluru: The National Institute for Smart Government (NISG), an institution of excellence promoted by the Government of India for e-Governance, organised a one-day ‘Stakeholder Conference’ bringing academia and industry representatives under one roof to come up with a national strategy on B
Posted Date :  29-01-20

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