Navratna defence PSU, Bharat Electronics Limited (BEL), posted a turnover in excess of ₹12,500 crore (provisional and unaudited) during the financial year 2019-20. The company had a growth of 6 per cent over the previous year’s turnover of ₹11,789 crore. The company’s order book as on April 1, 2020 was ₹51,800 crore. The year saw BEL securing significant orders worth ₹13,000 crore. Some of the major orders acquired during the year include Akash (7 Squadron), coastal surveillance systems (CSS), upgrade for EW system, radars, AMCs for radars and weapon systems, software defined radio (SDR), sonars, advanced communication systems, etc.
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May 11, 2020