Explore Business Standard
BEL
Army Chief Gen Manoj Pande on Wednesday said an effective defence-industry ecosystem is taking shape in the country and veterans with their field experience are "ideally suited" for incorporation into indigenous research and manufacturing of technological solutions required by the force. In his address at the Army Welfare Placement Organisation (AWPO) Summit 2024 held at the Manekshaw Centre here, he said the Army's responsibility towards its veterans remains a "sacred commitment". The aim of the summit was to bring together different stakeholders on a common platform, to narrow down the gap between enterprise requirements, veteran competencies and the pursuits of AWPO. "While the demand for skilled and experienced workforce exists at the industry end, at the same time, a human resource pool of veterans with adequate experience and unique skill sets is also available, after they exit from active service each year. The endeavour is to synergise the two as well as strengthen the ...
The Delhi Metro Rail Corporation and Bharat Electronics Limited (BEL) on Wednesday joined hands to develop an indigenous communication-based train control (i-CBTC) system, officials said. The team has commenced work at the i-CBTC lab of the Delhi Metro Rail Corporation (DMRC) and will soon develop and deploy a prototype i-CBTC product on a designated test track within the DMRC network, they said. With this partnership, the Delhi Metro and BEL are set to usher in a new era of rail transportation in India, driving innovation, reducing costs, and fostering self-reliance in the field of train control signalling systems, the DMRC said in a statement. A memorandum of understanding (MoU) was signed in the presence of Vikas Kumar, Managing Director of the DMRC. This groundbreaking partnership is aligned with the 'Make in India' initiative, championed by the Government of India under the Ministry of Housing & Urban Affairs, the statement said. The i-CBTC project signifies a significant ...
State-owned Bharat Electronics Limited (BEL) has designed and manufactured a vehicle for the National Disaster Response Force to respond to incidents involving hazardous chemicals, biological or radiological substances, a release said. The first CBRN (Chemical Biological Radiological Nuclear) HAZMAT (Hazardous Material) vehicle for NDRF was flagged off at BEL's Pune unit on Wednesday, it said. This vehicle is yet another achievement in BEL's Make in India and Atmanirbhar Bharat initiatives, said the release. The vehicle is used to detect, monitor and respond to hazardous chemical, biological or radiological incidents, where it is vital to plug or seal the source of contamination to contain any further release of hazardous substances, the release said. The vehicle has a spacious operator compartment integrated with a wide range of user-friendly Chemical-Biological-Radiation-Nuclear detection and identification sensors, it said. It has a hand-held thermal imager, providing night vis
'Navratna' defence PSU Bharat Electronics Limited (BEL) has achieved a turnover of Rs 3,446.69 crore, registering a growth of 12.51 per cent during the first quarter of 2023-24 over the Rs 3,063.58 crore recorded in the corresponding period of the previous year. Profit before tax during the period stood at Rs 703.75 crore, a growth of 21.73 per cent over Rs 578.10 crore recorded in the first quarter of the previous financial year, the Bengaluru-headquartered state-owned firm said in a statement. Profit after tax (PAT) during the first quarter of 2023-24 stood at Rs 530.84 crore, up 23.02 per cent over Rs 431.49 crore recorded in the corresponding period of the previous year. The order book position of the company as on July 1, 2023, stood at Rs 65,356 crore, it was stated.
Bharat Electronics Ltd (BEL) on Friday said it has received new defence and non-defence orders worth Rs 2,191 crore. The orders are for supplying long-range guidance kits with warheads, airborne jammers, battlefield short range surveillance radars upgrades, missile guidance radars, shallow water craft sonars and spares, among others, it said in a statement. The Bengaluru-headquartered defence major had received Rs 5,900 crore worth orders from the Navy earlier this month. With this, BEL has in all received orders worth Rs 8,091 crore so far this financial year, the statement said.
Navratna defence PSU Bharat Electronics Limited (BEL) has received export orders worth USD 52 million during this month, the company said on Friday. This includes communication equipment, electronics assembly, micro modules and mechanical parts for various customers from France, Israel, and the USA, among others, the Bengaluru-headquartered company said in a statement. "This is reflective of the growing business interest and confidence among international customers on BEL and other Indian industries, which comes with the encouragement of the Indian Government and its policies aimed at an 'Aatmanirbhar Bharat'," BEL said.
In line with its vision for self-reliance, the Defence Ministry on Wednesday signed signed three contracts -- two with Bharat Electronics Limited and one with NewSpace India Limited -- worth nearly Rs 5,400 crore to bolster the defence capabilities of the country. The first contract with BEL pertains to procurement of Automated Air Defence Control and Reporting System, 'Project Akashteer', worth Rs 1,982 crore for the Indian Army, the ministry said in a statement. The second contract with BEL relates to acquisition of Sarang Electronic Support Measure (ESM) systems along with associated engineering support package from BEL, Hyderabad, at an cost of Rs 412 crore for the Indian Navy, it said. "The contract with NSIL, a central Public Sector Enterprise under the Department of Space, Bengaluru, pertains to procurement of an advanced communication satellite, GSAT 7B, which will provide high throughput services to the Indian Army at an overall cost of Rs 2,963 crore.