BEL Receives Orders Worth Rs 4,878 Crore

Defence Industry

bel building1

Bengaluru: Defence PSU Bharat Electronics Limited (BEL) has received an order of Rs 4,522 crore from Indian Army for the supply of Fuses for various calibres.

The contract was signed on December 15, 2023, by Maj Gen Gurpreet Singh Choudhry, SM, VSM [JS (Army & TA)/DMA] and Bhanu Prakash Srivastava, CMD, BEL, in the presence of Vice Admiral Atul Anand, AVSM, VSM, Additional Secretary (DMA).

Indigenisation of critical technologies was 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 ‘Aatmanirbhar Bharat’ programme.

The company also received additional orders worth Rs 356 crore since the last disclosure on December 6, 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.

Till date, BEL has cumulatively received orders worth Rs 2,3176 crore (excl. taxes) in the current financial year 2023-24.