Bharat Electronics achieves turnover of Rs 7,510 crore in FY15-16
Navratna Defence PSU, Bharat Electronics (BEL) has ended the year 2015-16 by registering sales turnover (provisional) of Rs 7,510 crore, a growth of 12 per cent over the previous year’s turnover of Rs 6,695 crore. The company achieved exports worth $85 million in 2015-16, registering a growth of 47 per cent over the previous year’s export turnover of $58 million. Some of the major projects executed during the year by the company are Akash Missile System, Low Level Light Weight Radar, Naval Communication and Fire Control Systems, Night Vision Devices, 3D Tactical Control Radar, Schilka Weapon Upgrade, Shipborne Electronic Warfare System, Hull Mounted Sonar Humsa 3G, Heliborne Surveillance & Targeting System and L-70 Gun Upgrade. BEL is a multi-product, multi-technology, multi-unit conglomerate with over 350 products in the areas of military communication, radars, naval systems, C4I systems, weapon systems, homeland security, telecom & broadcast systems, electronic warfare, tank electronics, electro-optics, professional electronic components and solar photovoltaic systems.