BEL Receives Orders Worth Rs 3,000 Crore

Defence Industry

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Bengaluru: Defence PSU Bharat Electronics Limited (BEL) on September 15 announced that it has received an order of Rs 2,118.57 crore from Cochin Shipyard Limited for supply of various equipment for Indian Navy. The order consists of Sensors, Weapon equipment, Fire Control systems and Communication equipment for six numbers of Next Generation Missile Vessels (NGMV), class of anti-surface warfare corvettes.

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The project will have participation of Indian electronics and associated industries, including MSMEs, which are sub vendors of BEL. The equipment manufactured by BEL are part of ‘Aatmanirbhar Bharat‘ program.

Recently, the defence major also received additional orders worth Rs 886 crore and the said orders pertained to upgrade of AFNET SATCOM N/W, upgrade of Akash Missiles with RF Seeker, Inertial Navigation System and other equipments with accessories and spares etc. Earlier in June, the company had bagged defence and non-defence orders worth Rs 2,191 crore. The orders were 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.

In the financial year 2023-24, BEL till now has received orders worth Rs 14,384 Crore.