Bharat Electronics Limited (BEL) has
achieved a turnover of about Rs. 17300 Cr (Provisional & Unaudited), during
the Financial Year 2022-23, against the previous year’s turnover of Rs. 15,044
Cr registering a growth of 15%.
BEL's Order Book as on 1 April 2023,
is around Rs. 60500 Cr. In the year 2022-23, BEL secured significant orders of
around Rs.20200 Cr (excluding taxes). Some of the major orders acquired during
the year were Himashakti, Medium Power Radar (Arudhra), Air Defence Control
& Reporting System (Akashteer), Lynx U2 systems, EW Suite for MLH Upgrade,
DR118 for Su-30, Weapon Locating Radar (WLR), SARANG ESM, etc.
Some of the major projects executed
during FY 2022-23 were Long-Range Surface-to-Air Missile (LRSAM) systems, Akash
Missile Systems, SATCOM Network, Command & Control Systems, various Radars,
Electronic Warfare Systems, Communication equipment, Coastal Surveillance
System, Electro-optic Systems, Fire Control Systems, Home Land Security
Systems, Smart City projects, etc.
BEL achieved export sales of around
US$ 46.5 million during FY 2022-23 against the previous year’s export of US$
33.3 million registering a growth of 40%. Major products exported include
Transmit & Receive (TR) Modules, Radar Warning Receiver (RWR), Control
Cards, Link-II Systems, Compact Multi-Purpose Advanced Stabilisation System
(CoMPASS), Low Band Receivers (LBREC), Medical Electronics, etc. BEL has
acquired export orders worth US$ 75.66 million during the year 2022-23.
Mr. Bhanu Prakash Srivastava,
Chairman & Managing Director, BEL, stated, “BEL has been contributing to
the Government’s Atmanirbhar Bharat initiative in the field of defence and
allied fields in a big way. BEL continues to focus on Research &
Development through in-house efforts and collaboration with DRDO, Academia and
other Industry partners. Make in India initiatives, indigenisation, outsourcing
to Indian private industry, procurement from MSMEs and GeM procurement continue
to top our priority list. BEL will continue to explore new growth opportunities
through export initiatives, diversification, capability enhancement, competitiveness
and modernisation.”
