Bharat Electronics Ltd (BEL)

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Bharat Electronics Ltd (BEL)

  • BEL's revenue increased to US$ 1.2 billion during FY07-12
  • Net profits increased to US$ 157.6 million
  • Focus on innovation and R&D
  • Key technological collaborations with leading European, American and Israeli companies
  • Rising defence spending in India

Bharat Electronics Ltd (BEL) was established at Bangalore, India, by the Government of India under the Ministry of Defence in 1954 to meet the specialised electronic needs of the Indian defence services. Over the years, it has grown into a multi-product, multi-technology, multi-unit company servicing the needs of customers in diverse fields in India and abroad.

BEL is among an elite group of public sector undertakings which have been conferred the Navratna status by the Government of India.

The growth and diversification of BEL over the years mirrors the advances in the electronics technology, with which BEL has kept pace.

Source: http://bel-india.com/

BEL: Empowering Indian democracy

1966 BEL set up a Radar manufacturing facility
1980 BEL's first overseas office was set up at New York for procurement of components and materials
1989 Manufacturing of telecom switching and transmission systems
1997 GE BEL, the Joint Venture Company with M/s GE, USA, was formed
2002 BEL became the first defence PSU to get operational Mini Ratna Category I status

Updated: August, 2013

Manufacturing
The capital goods industry employs 1.4 million of people and is estimated to employ 2.8 million by 2017.
x IBEF : India Brand Equity Foundation