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BEL achieves Rs 6,671 cr turnover; HAL Board reconstituted

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BEL achieves Rs 6,671 cr turnover; HAL Board reconstituted - Oneindia

Apr 01: Bharat Electronics Limited (BEL) has ended the year 2014-15 by registering a sales turnover (provisional) of Rs 6,671 crore. BEL has achieved a growth of 8 per cent over the previous year's turnover of Rs.6,174 crores, Company officials said here on Wednesday.

Giving details of the results, the officials said that BEL achieved exports worth $ 58 million in 2014-15, registering a growth of 38 per cent over the previous year's export turnover of $ 42 million. "BEL has an order book of around Rs 22,100 crore as on April 1, 2015," a Company spokesperson said.

Among the key projects executed during 2014-15 include missile systems for the Indian Air Force and the Indian Army, Passive Night Vision Devices, Tactical Control Radar, Shipborne Electronic Warfare Systems, Hull Mounted Sonar, Fire Control Systems, Missile Warning System and Combat Management System. "As part of the Make in India initiative, about 80 per cent of the sales turnover came from indigenously developed technologies," BEL Chairman and Managing Director Sunil Kumar Sharma, said.
 
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