Bel Turnover Up 8 Per Cent

Defence PSU Bharat Electronics Ltd (BEL) has ended 2014-15 by registering sales turnover (provisional) of Rs 6,671 crore, a growth of 8 per cent over the previous year’s turnover of Rs 6,174 crore. BEL also achieved exports worth $58 million in 2014-15, registering a growth of 38 per cent over the previous year’s export turnover of $42 million. BEL has an order book of around Rs 22,100 crore as on April 1, 2015. As part of the ‘Make in India’ initiative, Sunil Kumar Sharma, Chairman & Managing Director, BEL, stated that about 80 per cent of the sales turnover came from indigenously developed technologies.