BEL mentioned in 2022-23, it secured vital orders of round ₹20,200 crore, excluding taxes.
Bharat Electronics Limited (BEL) has achieved a turnover of about ₹17,300 crore (provisional & unaudited), in the course of the monetary 12 months 2022-23, in opposition to the earlier 12 months’s turnover of ₹15,044 crore, registering a progress of 15%.
The defence PSU mentioned BEL’s order e book as on April 1, 2023, is round ₹60,500 crore. In the 12 months 2022-23, BEL secured vital orders of round ₹20,200 crore (excluding taxes).
Some of the key orders acquired in the course of the 12 months had been Himashakti, Medium Power Radar (Arudhra), Air Defence Control and Reporting System (Akashteer), Lynx U2 methods, EW Suite for MLH Upgrade, DR118 for Su-30, Weapon Locating Radar (WLR), SARANG ESM, and so on.
Some of the key tasks executed throughout FY 2022-23 had been Long-Range Surface-to-Air Missile (LRSAM) methods, Akash Missile Systems, SATCOM Network, Command and Control Systems, numerous Radars, Electronic Warfare Systems, Communication tools, Coastal Surveillance System, Electro-optic Systems, Fire Control Systems, Home Land Security Systems, Smart City tasks, and so on.
BEL achieved export gross sales of round US$46.5 Million throughout FY 2022-23 in opposition to the earlier 12 months’s export of US$ 33.3 million, registering a progress of 40%.
Major merchandise exported embrace Transmit and Receive (TR) Modules, Radar Warning Receiver (RWR), Control Cards, Link-II Systems, Compact Multi-Purpose Advanced Stabilisation System (CoMPASS), Low Band Receivers (LBREC), Medical Electronics, and so on. BEL has acquired Export Orders price US$ 75.66 Million in the course of the 12 months 2022-23.
“BEL has been contributing to the Government’s Atmanirbhar Bharat initiative in the field of Defence and allied fields in a big way. BEL continues to focus on Research and Development through in-house efforts and collaboration with DRDO, academia and other industry partners. “Make in India” initiatives, indigenisation, outsourcing to Indian non-public business, procurement from MSMEs & GeM procurement proceed to prime our precedence listing. BEL will proceed to discover new progress alternatives by way of export initiatives, diversification, functionality enhancement, competitiveness and modernisation,” Bhanu Prakash Srivastava, chairman and managing director, BEL.
