Hyderabad: Defence PSU Bharat Dynamics Ltd (BDL) which celebrates Golden Jubilee this year has got orders worth over Rs 8,000 crore and expects the order book to swell to Rs 25,000 crore over the next three to four years.
The company has been supplying to the country’s defence sector and lately to a neighbouring friendly country, Siddharth Mishra, Chairman and Managing Director of BDL said “the company has been mandated to step up exports to about 10 per cent of its business and we look forward to achieving this goal.”
BDL is also in the process of setting up a facility at Amaravati in Maharashtra where it expects to invest about Rs 300 crore. It has already acquired land and all clearances are in place. Once the orders are secured, the facility would be developed, the CMD said.
While it is engaged in the manufacture of second generation of missile systems, it is working on the third generation range and expects to roll them out by next year.
In the coming years Mishra said BDL expects optimisation of existing production lines, maximising the geostatic reach by increasing exports and indigenisation, work towards co-development with design agencies for new projects, take up more offset projects with global OEMs and suppliers and upgradation of manufacturing through innovation.
BDL is currently manufacturing Anti-Tank Guided missiles, Milan 2T, Konkurs-m, Invar, Surface to Air Missile Akash, Medium range Surface to air underwater weapon like Torpedo and counter measures Dispensing Systems for various aircraft platforms.
Over the years, BDL has partnered with Aerospatiale of France, Russia for Konkurs, and with Israel through joint development with DRDO among others.