Indian BEL Records $1.5 Billion Turnover During 2017-18
Our Bureau
01:58 AM, April 3, 2018
Bharat Electronics Limited

India’s state-run Bharat Electronics Limited (BEL) has a turnover of more than Rs.10,000 Crores (USD 1.5 billion) (Provisional & Unaudited) during FY 2017-18, sustaining double digit growth over the previous year’s turnover of Rs.8,825 Crores (USD 1.35 billion).

Some of the flagship projects executed during the year include Integrated Air Command & Control System (IACCS), Weapon Locating Radar (WLR), Hand Held Thermal Imager (HHTI), Akash Weapon System (Army), Naval Fire Control System, Integrated Communication System, 3-D Tactical Control Radar (TCR), Electronic Warfare Systems, L-70 Gun Upgrade, Electronic Voting Machines (EVM) and Voter Verifiable Paper Audit Trail (VVPAT), the company said in a statement Monday.

BEL’s Chairman & Managing Director, Mr Gowtama M V, said: “The focus on indigenisation for self-reliance has continued with more vigour, besides capacity building, expansion and enhanced outsourcing to SME sector. BEL has been able to maintain good order acquisition this year.