DPSU BEL eyes Rs 20300 crore turnover in 2023-24

The Indian Government-owned aerospace and defence electronics company, DPSU BEL (Bharat Electronics Limited) has set a target of Rs 20,300 crore for financial year 2023-24 as demand for indigenous products is driving growth for the company, as reported by PTI. In an interview with PTI, Chairman and Managing Director Bhanu Prakash Srivastava said the order…

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BEL, CoRover sign MoU to leverage biz opportunities in AI-based solutions

Bharat Electronics Limited (BEL), a Navratna Defence PSU, and CoRover Private Limited, a human-centric conversational and generative AI company, have signed a two-year, non-exclusive Memorandum of Understanding (MoU) to collaborate as partners and indigenously develop and deploy emerging technologies and technical solutions to address the requirements of AI-based solutions, especially Conversational AI-based virtual assistants. This…

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BEL receives orders worth Rs. 2,191 Cr

Navratna Defence PSU Bharat Electronics Limited (BEL) has received new Defence and non-Defence orders worth Rs. 2,191 Cr. Above orders are for supply of Long-Range Guidance Kit with Warhead, Airborne V/UHF Jammer, Battlefield Surveillance Radar (Short Range) Upgrade, Missile Guidance Radar & Control Centre, Upgraded Radio Relay (F) with Data Modem Encryption Unit Mk II,…

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BEL, HFCL ink MoU to leverage business opportunities across Defence & other sectors

Bharat Electronics Limited (BEL), a Navratna Defence PSU, and HFCL Limited (HFCL), a leading technology enterprise, have signed a two-year, non-exclusive Memorandum of Understanding (MoU) to leverage the strengths and capabilities of both the organisations and partner to indigenously develop and deploy emerging technologies and technical solutions to address the requirements of Defence, Telecom and…

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Bharat Electronics Limited

Company Overview of Bharat Electronics Limited Type: Public Sector Undertaking Year of Establishment: 1954 Industries: Electronics Components Company Size: 9850 Employees Headquarters: Bangalore, Karnataka Management Info: Chairman and MD: M V Gowtama Turnover (As on 1st August 2023): Rs Rs 3446.69 Crore About Bharat Electronics Limited Bharat Electronics Limited is a Navratna PSU (under the…

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BEL inks MoU with IAI for LORA Weapon System

DPSU Bharat Electronics Ltd (BEL) has signed a Memorandum of Understanding (MoU) with Israel Aerospace Industries (IAI) for domestic manufacturing and supply of its Long-Range Artillery (LORA) weapon system for the three Indian Armed Forces. The state-of-the-art strategic weapon system will be manufactured by BEL, as the prime contractor, based on the workshare arrangement with…

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BEL signs Licensing Agreement with DRDO Lab for ToT of Digital Radar Warning Receiver

DPSU Bharat Electronics Limited (BEL) has signed a Licensing Agreement for Transfer of Technology (LATOT) with Combat Aircraft Systems Development and Integration Centre (CASDIC), a laboratory under the DRDO, for transfer of technology of the Digital Radar Warning Receiver. Through the pact, CASDIC will transfer complete details of the technical know-how, testing and maintenance method…

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BEL signs MoU with Aerosense Technologies & Goa Shipyard

DPSU Bharat Electronics Ltd (BEL) has signed a Memorandum of Understanding (MoU) with Aerosense Technologies Pvt. Ltd. for co-operation in the development and marketing of drones and soft kill aerial anti-drone. Besides, the two would explore marketing and sale of drone-based solutions for applications in defence and civilian domains for the domestic and export markets….

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