Pride of India

Page 76

Current Activities BEL is being credited for the design and manufacture of Electronic Baton for the common wealth games to be held at Delhi. The concept design of Baton for CWG 2010 Delhi is created by M/s Foley Design and supported by M/s TITAN Industries. The role of Bharat Electronics Limited (BEL) is to design, develop and manufacture all the electronic hardware and develop the related firmware & application software for the Baton System.

These alliances are for addressing vari-

BEL-Hyderabad has demonstrated its

ous emerging markets. BEL has also

prowess as a production agency for mas-

proactively taken initiatives to dialogue

sive programmes such as the indig-

with reputed foreign / Indian players for

enously developed Ground Mobile Inte-

exploring joint ventures in the areas of

grated EW Samyukta System for the Army

RF & Microwave subsystems, Missile

and ship-borne Ellora systems for the

electronics, civilian Radars, Solar PV

Navy, which is being installed on all major

Cells, identified among others. Another

warships. The Unit has also manufac-

means adopted by BEL for diversification

tured a range of Surveillance, Radio Di-

is by marketing available products or new

rection-Finding and Electronic Counter

products developed into non-defence and

Measure Systems for the paramilitary

newer areas of defence.

forces. During 2007-08, the Unit crossed

The technology architecture of the Ba-

BEL and the Indian Institute of Sci-

Rs.600 crore turnover and contributed

ton is conceptualized at Central Research

ence (IISc), Bangalore, have signed a

to 15 per cent of the Company’s annual

Laboratory (CRL)- BEL, Bangalore and

Memorandum of Understanding (MoU)

turnover.

the entire design and development of the

for instituting a Chair Professorship for

BEL has developed VHF Radios STARS

system is done in house at CRL-BEL

Radar Studies at IISc. BEL has contrib-

V Mk II (5 Watt & 25 Watt) for the Indian

Bangalore.

uted Rs.1 crore as corpus fund for set-

Army. These radios innovatively combine

ting up the Chair.

transmission security (TRANSEC) through

BEL is accelerating its efforts to enter into new business areas, either through

Apart from internal efforts, the Com-

anti-jamming features of frequency hop-

Organic growth in existing / new areas

pany has appointed a global consulting

ping and high grade communication se-

or Inorganic growth through Joint Ven-

firm to help identify future market oppor-

curity (COMSEC). They are designed to

tures and few other methods. BEL has

tunities for enhanced growth. The new

consume less power and are packaged

entered into strategic alliances with In-

areas identified for further exploration are

to be light-weight. These features enable

dian and foreign players for IFF for air-

Homeland Security, Infrastructure – Rail-

STARS V Mk II radios to benchmark with

borne Radars, V / UHF receivers for scan

way, e-Governance, Energy Efficiency

other world-class radios. As these radios

DF systems (EW application), airborne

Solutions and Nuclear Power Instrumen-

are designed in-house, the security al-

ESM / ELINT systems, modeling simula-

tation. BEL has initiated dialogue with

gorithms can be managed / modified as

tion analysis & experimentation lab (for

prospective partners for possible coopera-

required by the customer. They are de-

systems on aircraft) etc. to ensure busi-

tion to address the business opportuni-

signed to inter-operate with existing legacy

ness in a competitive market scenario.

ties in these areas.

radio sets available with the Army.

Financials As on September 31st quarter ended 2009, the gross sales of BEL rose to Rs.13078.66 lakhs with a total income of Rs.130824.29 lakhs for the period. The Net profit was set at Rs.23735.11 lakhs with a paid up equity share capital of Rs. 8000 lakhs for the period. BEL had achieved a record turnover of Rs.46,240.9 million during the year 2008-09 as against Rs.41,025.4 million in 2007-08, registering a growth of 12.71% over the previous year. Value of Production during 2008-09 was Rs.52, 736.8 million as against Rs. 41,113.7 million in 2007-08, higher by 28.27%

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DECEMBER - 2009


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