Navratna Defence PSU Bharat Electronics Limited (BEL) has received a defence order of Rs. 4,522.25 Crore (Rs 5336 Crores after tax) from the Indian Army for the supply of Fuses for various calibres.
This is over and above the other additional orders signed in December by the Defence PSU
The above mentioned contract has been signed on December 15, 2023, by Maj Gen Gurpreet Singh Choudhry, SM, VSM [JS (Army & TA)/DMA] & Shri Bhanu Prakash Srivastava, CMD, BEL, in the presence of Vice Admiral Atul Anand, AVSM, VSM, Additional Secretary (DMA).
Indigenisation of critical technologies is the key requirement of the tender.
This project will have the participation of Indian Electronics and associated Industries, including MSMEs which are sub-vendors of BEL. The equipment manufactured by BEL are part of the ‘Atmanirbhar Bharat’ programme.
The company has also received additional orders worth Rs 356 Crores since the last disclosure on 6th December 2023 and the said orders pertain to other products like EW (Electronic Warfare) Testers, Medical Systems (Exports), Consumables and Batteries for Electronic Voting Machines (EVMs), Night Vision Devices Spares and Services.
With the above, BEL has cumulatively received orders worth Rs.23,176 Crores (excl. taxes) in the current financial year 2023-24.
About Bharat Electronics Limited (BEL)
Navratna Defence PSU Bharat Electronics Limited (BEL) was established in 1954 under the Ministry of Defence, GoI, with a farsighted vision to make the country self-reliant in Defence electronics.
Today, BEL is a multi-product, multi-technology, multi-Unit conglomerate which designs, manufactures and supplies state-of-the-art products and systems in a wide variety of fields including Radars, Missile Systems, Military Communications, Naval Systems, Electronic Warfare & Avionics, C4I Systems, Electro Optics, Tank Electronics & Gun/Weapon System Upgrades, and Electronic Fuzes in the Defence segment.
While, its non-Defence business segment includes areas such as Electronic Voting Machines, Homeland Security & Smart Cities, Satellite Integration & Space Electronics, Railways, Artificial Intelligence, Cyber Security, Software as a Service, Energy Storage Products, besides Composite Shelters & Masts.
Source: https://bel-india.in
