Page 96 - ScopeCompendiumBook
P. 96
Bharat Electronics
Limited
M. V. Gowtama
CMD, BEL
uided by a far sighted vision to make the country self-reliant in
Defence electronics, Bharat Electronics Limited (BEL) was set up in
GBengaluru 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 having
products in the areas of Radars, Missile Systems, Military Communications,
Naval Systems, Electronic Warfare & Avionics, C4I Systems, Electro Optics,
Tank Electronics & Gun/Weapon System Upgrade in the Defence segment.
BEL’s non-Defence business segment includes areas such as Homeland
Notwithstanding Security & Smart Cities, Solar, Satellite Integration & Space Electronics,
the fact that its core Railways, Artificial Intelligence, Cyber Security, Software as a Service, Energy
Storage Products and Electronic Voting Machines (EVMs) besides Composite
strengths and expertise Shelters & Masts.
lie in the domain of BEL’s customers include the Army, Navy, Air Force, Coast Guard, Paramilitary
Defence electronics, Force, Police, State Government departments and consumers of professional
Navratna Defence electronic components.
PSU, BEL has never BEL has a three-layer R&D setup comprising Central Research Labs at Bengaluru
and Ghaziabad for carrying out futuristic, cutting-edge research, Product
shied away from Development & Innovation Centre at Bengaluru for development of various sub-
exploring new vistas, systems/products and D&E Divisions at its Units and SBUs for development
be it Defence or non- of systems and products. BEL has extensive infrastructure; its manufacturing
network is spread over nine units located across the country. BEL invests about
defence. And today, 9% of its turnover in R&D. This has paid off as 79% of BEL’s sales revenue in
when the country 2019-20 accrued from indigenous technology. BEL has also established marketing
needed its services centres in various countries in order to increase its global footprint.
most, BEL has joined BEL has been consistently making profits as its revenues have been growing
year on year. Last year, BEL posted a turnover in excess of Rs.12,500 Crores
hands with the (Provisional & Unaudited). Currently, BEL’s order book stands at more than
Government of India Rs. 50,000 Crores.
in its war against the Employees Strength
COVID-19 crisis. n Permanent (on roll) : 9232 Contractual: 678 (As on 1 May, 2020)
st
n
Bharat Electronics Limited 69